Food companies in the Xinghua Economic Development Zone – located in Xinghua, a county-level city administered by Taizhou, in East China's Jiangsu province – are currently on the road to boosting production.
Ruan Hongxian, general manager of one of them – the Wudeli Group Xinghua Flour Mill Co Ltd – is particularly bullish. He said his company's sales hit 3.3 billion yuan ($487 million) last year and revenue is projected to reach 5.5 billion yuan this year.
Since phase II project was completed and started operations in September, the company can process 4,000 metric tons of wheat per day, ranking it first among its group's 18 subsidiaries, Ruan added.
Another resident food company, Kerisom, is equally busy, according to one of its managers. "Our company is now operating at full capacity and new orders are still coming in," said Zhang Junchen.
Supported by its local resources, Xinghua has moved to establish a booming foods cluster. The food sector, as one of the three top industries in the Xinghua EDZ, contributed 55.57 percent of the output value of the zone's economy.