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BUSINESS & TECH

China’s State Food Giant Names New Leader

Lu Jun. Photo: VCG
Lu Jun. Photo: VCG

China’s state-owned food conglomerate COFCO Corp. named Lu Jun, the head of the country’s grain stockpiling agency, as its new chairman, succeeding the retired Zhao Shuanglian.

The appointment was announced Monday at a COFCO executive meeting by Gao Xuanmin, vice minister of the Organization Department of the Communist Party’s Central Committee, which overseas government official and state company executive selection, according sources close to the matter.

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