Agricultural sector opening further

From: China Daily | Date: July 26, 2004| Author: | Copyright information

Foreign firms will get wider access to China's agricultural wholesale and retail sector, a State Council document reveals.

The move is intended to beef up the sector's hitherto weak distribution system.

This is according to a State Council document on the distribution of agricultural products, which was drafted and submitted by eight bodies, including the Ministry of Commerce, the Ministry of Agriculture, and the State Development and Reform Commission.

"There will be no limits on the location, shareholding and capital requirements for foreign companies opening wholesale markets and farm ...

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