There has been a big increase in the distant-water catch landed in China’s top fishing port in the first 11 months of 2022.
Home to some of China’s largest squid and tuna processors, Zhoushan, in Zhejiang province south of Shanghai, reported a 22 percent increase in landed volumes through the first 11 months of 2022, reaching 608,000 metric tons.
The state-owned fishing firm CNFC Overseas Fishing is a major presence in Zhoushan port. The loss-making firm announced in late 2021 it would seek to raise CNY 400 million (USD 64 million, EUR 56 million) through a placement of shares to 35 investors, to fund construction of ...
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