国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Investment in agriculture is a growing trend

By Xie Yu in Shanghai (China Daily) Updated: 2012-12-24 10:49

Deep processing in the agriculture sector is becoming a new hot spot for investment, as venture capital and private equity companies seek new outlets in the gloomy economy.

Investment in agriculture is a growing trend

Workers packaging jujube products at Haoxiangni Jujube factory in Zhengzhou, capital of Central China's Henan province. Haoxiangni Jujube, a company that specializes in producing dried dates, date vinegar and date juice, went public in November last year. It gave an exit return rate of 7.81 times to three investment companies. Lang Sha / For China Daily

A report released by ChinaVenture Group showed the agriculture industry has become popular among investment institutions since 2010. A total of $887 million flooded into 22 VC/PE funds in the last quarter of that year.

During the first three quarters of this year, a total investment of $214 million poured into the agriculture sector from 37 PE/VC funds.

"The slowing down of economic growth causes most investment institutions to adopt cautious strategies nowadays," said Wan Ge, an analyst with ChinaVenture Group, a research and consulting institute in China.

As a result, it is not surprising that the investment volume has shrunk. Based on statistics from the first three quarters, there is a tendency for more investment to go into the deep processing sectors, she said.

Central China's Henan province-based Haoxiangni Jujube, a company specialized in producing dried dates, date vinegar and date juice, went public in November last year. It gave an exit return rate of 7.81 times to three investment companies. Hunan province-based Caixin Investment had a return rate of 16.18 times with the initial public offering of Hainan Grand Agriseeds Technology, a company specializing in hybrid seeds technology. It was a record return rate in the agriculture sector.

In the third quarter of this year, the IPO exit return rate in the agriculture sector was an average 5.49 times, higher than the average level of the VC/PE sector, which was 2.73 times, according to the ChinaVenture report.

Su Chuang, vice-president of Gold Stone Investment, a direct investment arm of CITIC Securities, said China's agriculture has ushered in "10 golden years" for development as it evolves from an ancient industry into a modern one.

By the end of 2010, the average per capita consumption of pork by Chinese people came to 33.1 kilograms for the year, an 85 percent increase from 1990. The figure for dairy products, meanwhile, was 11.27 kg, 6.7 times greater than 10 years ago.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
昌平区| 尖扎县| 汽车| 建阳市| 田林县| 边坝县| 大名县| 丰镇市| 阿拉善右旗| 沙田区| 保德县| 侯马市| 临漳县| 图片| 博野县| 阿拉善左旗| 溧水县| 江西省| 宜城市| 建瓯市| 昆山市| 呼和浩特市| 神池县| 东丽区| 甘泉县| 河池市| 新建县| 松原市| 伊宁市| 镇安县| 龙山县| 如东县| 台北县| 江北区| 莱芜市| 巨鹿县| 习水县| 赣榆县| 周至县| 郎溪县| 潼关县|