The sales target of Haihai grain and oil is directly to the southwest and ASEAN markets
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Last Update: 2002-10-08
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Source: Internet
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Author: User
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Introduction: Since China and ASEAN put forward the goal of building a "China ASEAN Free Trade Area" in November last year, China's southwest has become a new investment strategic location for multinational companies, and a new emerging market in the global economic system is emerging here Ugu recently, ADM company, the largest grain and oil enterprise in the United States and China Grain and oil import and export group company, two of the world's top 500 companies, joined with Wilmar company in Singapore to invest in a large-scale grain and oil processing base in Fangchenggang, Guangxi, a gateway to the sea in Southwest China, which was formally put into production Ugu as ADM A "chess piece" placed on the southwest sea gate, Haihai grain and oil processed soybeans from the United States and Argentina into edible oil and soybean meal The sales target directly refers to 3600 tons of soybeans per day of grain and oil processing capacity of Southwest China and ASEAN Changhai, which has a population of 400 million and the quality of life is improving day by day The trial production was conducted in November last year, and the output value was 679 million yuan from January to June this year, with cargo throughput 507000 tons, accounting for about 15% of the port throughput Alan Andres, chairman and CEO of ugu ADM, said that his company chose to invest in Fangchenggang because its position is of strategic significance to the southwest China and ASEAN markets It is understood that at least 60 of the world's top 500 companies have invested in Southwest China, including Coca Cola, Pepsi Cola, Ford Motor, etc the investment field is expanding from consumer goods to technology intensive products such as automobiles and it Lu Tong, a researcher at the world economic and Political Research Institute of the Chinese Academy of Social Sciences, said: "the active investment of multinational companies in Southwest China is due to the implementation of the western development strategy by the Chinese government and the unique geographical advantages of this region." After the formation of the free trade area ugu, it is estimated that the annual export volume of China to ASEAN will increase by 10.6 billion US dollars, and the export volume of ASEAN to China will increase by 13 billion US dollars The "ASEAN Free Trade Area" composed of 10 ASEAN countries will be put into operation next year, which makes the southwest region with low production cost and increasingly improved logistics capacity become the forefront of multinational companies entering the ASEAN market In addition to the huge market potential of the southwest region itself, an emerging market business opportunity with great investment value will be highlighted UGU
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