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COFCO C A Company Profile
Access Asia Ltd, Dec 2004
The China National Cereals, Oils & Foodstuffs Import & Export Corporation (COFCO) still controls much of the distribution of key food and agricultural products in China and for overseas export. This profile examines the company's activities in both China China's retail market value for edible oils has risen by 41.51% since 1997, at an average annual growth rate of 5.41%.The China National Cereals, Oils & Foodstuffs Import & Export Corporation (COFCO) is a state-owned conglomerate integrating trade, industry, finance, information and scientific research, and is mainly engaged in the fields of agricultural products, foods, hotels and real estate. Oils and cereals are its major remit.As one of the largest import and export companies in China, COFCO has long been engaged in the import and export business of cereals, oils and foodstuffs. By 2003, COFCO's total import and export value had reached US$146.8bn on an accumulative basis, US$78.5bn for exports and US$68.3bn for imports.
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