Qingdao Kangda Foodstuff Co.,Ltd was set up in 1996 by The Ministry of Foreign Trade & Economic Cooperation (MOFTEC), so it was a 100% shareholder ¨C owned co***ny mainly dealing in import & export business as well as investments.
Because it was newly established, all the staff were carefully selected, they were young, well-educated and professional.
The import & export buiness developed very fast since the set-up of this co***ny. Take export as an example, in 1996, the export was USD 50 million, while last year it was more than USD60 million, so the increase rate is very high. We started with foods business, and the foods business grows very fast, now is the No.1 in both value and volume . Besides foods, we also deal in real estate in Qingdao
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