Guiyang agricultural group improves local economy, benefits citizens

Guiyang Agricultural Investment Group – a State-owned enterprise – is a new force in the development of agricultural modernization in Guiyang and all of Guizhou province.

The group's total assets reached 14.18 billion yuan ($2.24 billion) last year, a year-on-year increase of 24.2 percent. It was shortlisted among the top 500 Chinese agricultural enterprises in 2021 and selected as a national key leading enterprise in agricultural industrialization.

The group established the Guiyang Agricultural Products Logistics Park, which is now home to more than 2,300 merchants.

A total of 59,400 metric tons of rural revitalization transactions valued at 143 million yuan were realized in 2021. Additionally, 28,900 new farmers were became engaged in agriculture last year, including 2,051 low-income households.

"Now I can earn tens of thousands of yuan every year by growing Chinese cabbage," said a resident of Gaoshan Village in Guiyang.

The group benefits farmers who earn money from agriculture and serves citizens.

It utilizes its existing 157 fresh food stores, as well as 24 supermarkets, including Beijing Hualian – which it has a cooperative relationship with – to supply citizens with 40 kinds of fresh products at prices 15 percent to 30 percent lower than surrounding farmers' markets every day.

Its total cumulative profits so far have reached 1.20 billion yuan.