A high-end Chinese seafood restaurant chain has opened its 40th outlet in Wuhan, where the COVID-19 virus emerged last year.
The Xu Ji outlet was opened with fanfare and flowers at a commercial building in the Hankou district and is the second in two months opened by the Xu Ji operation, owned by Hunan Xu Ji Catering Management Co., a firm established in 1999.
The company hasn’t its goal, announced in 2018, of opening 50 restaurants by the… Read More
World Trade Organization members have restarted negotiations on ending harmful fisheries subsidies, with the key issue of exemptions for artisanal fisheries and developing nations under debate.
WTO members reopened formal negotiations on fisheries subsidies as the heads of delegations met on 22 January in Geneva, Switzerland. The organization had hoped for a deal in 2020, but talks repeatedly stalled over the issue of special treatment for… Read More
Trout production in the far western Chinese region of Xinjiang has an advantage over imports and can ultimately supply eastern European markets, according to Zhang Yu Ru, the head of Xinjiang Tianyun Organic Agriculture Co. ...
Photo courtesy of Xinjiang Tianyun Organic Agriculture… Read More
Fujian Haixin Food Co. Ltd., which produces frozen seafood snacks and convenience food, is projecting record profitability for 2020, thanks to increased demand prompted by the COVID-19 lockdown… Read More
One of the best-performing shares in China’s stock market bull run is also the country’s leading supplier of aquafeed.
The share price of Guangdong Haid stood at CNY 68.75 (USD 10.31, EUR 8.93) on 13 January, nearly double the price of CNY 37.10 (USD 5.56, EUR 4.82), where it was on the same date last year.
Haid is one of China’s top three suppliers of animal feed, and its stock price has grown after China’s pig herd… Read More
Chinese distant-water fishing firm Pingtan Marine is projecting a 100 percent increase in revenue in 2020 thanks to what it’s calling the discovery of “new seasonal fishery stock in international waters.”
The company, which is listed on the NASDAQ, said in a statement to investors it had “discovered new seasonal fishery stock in international waters early this year and has arranged a group of harvesting vessels to the… Read More
The most valuable listed seafood company in China is Guolian Aquatic, with a current valuation of CNY 5.1 billion (USD 765 million, EUR 651 million), which puts it considerably ahead of what was hitherto the country’s most valuable firm in the sector, Zoneco Group …
Photo by Chris… Read More
With seafood imports headed into China delayed by an increased inspection regime, a young Chinese company is hoping to gain more share of the lucrative raw oyster market in the world’s most-populous country.
Weihai Lighthouse Jellyfish Marine Technology Co. Ltd. produces oysters in Rushan, Shandong Province, which has begun marketing itself as “the home of Chinese oysters – a campaign that earned the city a gold medal award at… Read More