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Pastoral economy shared community emphasized in Auto Valley

en.whkfq.gov.cn | Updated: 2021-09-22

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A modern agriculture project invested by Evergrande Group in the WHDZ [Photo provided to en.whkfq.gov.cn]

Founded in 2016 as one of the Wuhan Economic & Technological Development Zone's eight economic battlefields, Wuhan Jingkai Agricultural Development Investment Co occupies a total area of 157.36 square kilometers. Many Fortune 500 corporations, including Evergrande Group, Country Garden Holdings, and CITIC Securities Co have established their branches there. More than 60 billion yuan ($9 billion) in social capital has been gathered at the company to boost rural revitalization.

A meeting was held in the WHDZ on Aug 31, emphasizing the importance of adhering to a high-quality, high-tech, and high-added-value development trajectory. The development zone will step up efforts to develop its modern agriculture, intelligent agriculture, and entertaining agriculture in order to accelerate progress in agricultural modernization.

Setting goals to create a national modern agricultural industrial park and a national agricultural high-tech industry demonstration zone, Wuhan Jingkai Agricultural Development Investment Co continues to utilize industrial concepts to develop modern agriculture, explore a management institutional scheme based around the "industrial park + platform" model, promote the "government + platform + enterprises + rural households + banks" operational mechanism, and leverage more social capital to invest in rural revitalization fields.

The company will also bolster progress in the national and regional farming conglomerated pilot zone by encouraging asset operating firms, investment service companies, and construction firms based in the WHDZ to offer more professional services.

In addition, targeted business and investment promotion will be a major approach to adopt with an eye to boosting digital agriculture, fine agriculture, and to making breakthroughs in strategic emerging industries, such as modern breeding and bio-breeding.

Prioritizing collaboration projects with Syngenta (CHINA) Investment Co, State Power Investment Co, Huazhi Rice Bio-Tech Co, Long Ping High-Tech Agriculture Co, and Sinopharm Group, the company will further modernize the agricultural industrial chain in a scientific way and create new growth points in WHDZ.

Agricultural product processing is also meant to extend the agricultural industrial chain and improve the agricultural value chain.