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Companies invited to Hebei Yida Provincial Modern Agricultural Park

By Zhang Xingjian | chinadaily.com.cn | Updated: 2018-05-29 10:13
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Business enterprises from Beijing and Tianjin sign cooperation agreement with Hebei Yida Food Group Co Ltd, a leading enterprise in hawthorn producing industry across the nation, in Beijing on May 27. [Photo provided to chinadaily.com.cn]

The Hebei Yida Provincial Modern Agricultural Park was formally established in December 2016, with the approval of the People's Government of Hebei province. As one of the key parks to undertake Beijing's non-capital functions, it covers an area of 39,000 acres, with over 20 business-related signed programs worth one billion yuan.

The park, on the basis of existing industry base and geographic advantages, has built itself into a whole industry chain integrating agricultural product processing, sales expansion and leisure tourism chain extension.

According to Gu, the park is expected to achieve a total sales revenue of 10 billion yuan, with a taxation of 500 million yuan by 2025. Also, it will create more than 5,000 jobs in that area with an annual increase of 12 percent in per capita income.

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