Printer Friendly

China's Zhongpin Says Will Capitalise on Recovering Economy and Pork Consumption.

17 June 2009 - At a recent shareholder meeting in Beijing, Chinese pork producer Zongpin Inc., which saw its 2008 revenues grow 85% to a record USD 539.8 million, said that it continues to hold a positive outlook for the long-term growth potential of China's pork industry.

Zhongpin's CEO and Chairman, Mr. Xianfu Zhu, argued that his company's recent investments in the pork sector will help to cement its position as a leading producer as the Chinese economy is gradually picking up and will favour pork consumption.

"As China's economy recovers, positive consumer outlook will drive the demand for high quality pork products. We believe our strategic capacity expansion, optimization of our product mix, targeted market penetration, and brand building efforts are geared towards successfully capitalizing on the available growth potential in the Chinese pork processing industry," said Mr. Zhu.
COPYRIGHT 2009 Global Data Systems
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Feedinfo News Service
Date:Jun 17, 2009
Words:140
Previous Article:European Feed Raw Material Prices - June 17, 2009.
Next Article:China: NHU Outlines Plans to Relocate Vitamin E Production.
Topics:

Terms of use | Copyright © 2015 Farlex, Inc. | Feedback | For webmasters