Quick Take: Preserved-Vegetable Factory Plan Shelved Over Environmental Concerns
A preserved-vegetable-maker has halted construction of a foodstuff factory in Northeast China’s Liaoning province amid concerns over the facility’s effect on the environment.
Shenzhen-listed Chongqing Fuling Zhacai Group Co. Ltd., a Chongqing-based manufacturer, said in a statement last week that it has suspended a 760-million-yuan ($116.9 million) investment plan to build a radish foodstuff factory in Jinzhou, Liaoning. The company said the Jinzhou district where the factory would have been lacks the basic conditions for such a project, which would have had an annual capacity to produce 50,000 metric tons (55,115 tons) of radish foodstuff.
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