As Guoxin launches its first farm vessel, Chinese consumer confidence flags

Described as the world’s first 100,000-ton “smart-aquaculture” vessel, the Guoxin 1 was recently launched on its maiden voyage from Qingdao Harbor

China-based, state-owned Guoxin Development Group – which also uses the English name Qingdao Conson Development Group – launched its “Guoxin Number 1” from Qingdao harbor this week as new information indicates consumer confidence in China has hit its lowest level in decades …

Photo courtesy of Guoxin Development Group

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