Leading agricultural enterprises of Ningbo reaching a production value of ¥21.8 billion in the first half of 2011

Category: Other News
Published: Monday, 15 August 2011 13:53

On August 9, it was learned that the 263 leading agricultural enterprises of Ningbo have achieved a production value of ¥21.8 billion in the first half of the year, a corresponding increase of 7.65%, with sales of ¥17.40 billion, an increase of 8.8%.

The first half of 2011 has seen a continuous increase in the production value, sales and export of agricultural products in the leading agricultural enterprises, with the average increase being above 15%. As far as size is concerned, 34 enterprises' production value exceeded ¥100 million, 78 exceeded ¥50 million, all experienced increases of different degrees. 43 export enterprises' production value exceeded $5 million, with a total export of $613 million, accounting for 82% of the total export of the first half of the year.

The leading agricultural enterprises of Ningbo operate by way of contracts and cooperation with 826,600 farming households and has set up 2,466,400 mu production bases, purchased 3,343,400 tons of agricultural products, a value of ¥14.79 billion, greatly contributing to the increase in farmers' income.