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Mengniu Dairy to invest CNY3.5bn to set up farms in China
date:Jun 15, 2012
0.53m) farm in Hubei province.
Inner Mongolia Yili Industrial has opened a CNY220m ($34.74m) farm last month, while Nestl China has set up a dairy farming institute featuring three training farms at Shuangcheng earier this month.
Dairy firms having large farms are also supported by the government - a farm that raises more than 1,000 cows annual will be offered CNY1.5m ($0.23m) as a subsidy.

12/20 07:20