China National Cereals, Oils and Foodstuffs Corporation
The China National Cereals, Oils and Foodstuffs Corporation, commonly known as COFCO, is a major state-owned enterprise in China. Established in 1949, it specializes in the production, processing, and distribution of agricultural products, including grains, oils, and foodstuffs. COFCO plays a crucial role in ensuring food security and managing the supply chain for essential commodities in the country.
COFCO operates various subsidiaries and joint ventures, both domestically and internationally. The corporation is involved in multiple sectors, including agriculture, food processing, and logistics. Its extensive network allows it to engage in global trade, contributing to China's position in the international food market.