Latest News:  
Beijing   Cloudy/Overcast    0 / 5   City Forecast

People's Daily Online>>China Business

Bright Group: Upgrade through international acquisitions

By Ma Jie (People's Daily Online)

15:30, November 29, 2011

Edited and Translated by People's Daily Online

The most important beneficial outcome of the Bright Group’s international acquisitions is to upgrade and become an international enterprise and enhance its international reputation.

The Bright Group is a state-owned enterprise in Shanghai, and it did not really have many advantages when it was established back in 2006. In terms of scale, it was much smaller than the COFCO group. With regard to mechanisms, it was not as good as New Hope Group and other private enterprises.

Of course, that does not mean that the Bright Group could not have survived. In fact, by basing itself in Shanghai and relying on the Yangtze River Delta region, the Bright Group could also have enjoyed prosperity. However, the Bright Group people, led by Wang Zongnan, vowed to carve out a bright new world and to build a true first-class and internationally influential food group in China.

【1】 【2】 【3】


Leave your comment0 comments

  1. Name


Selections for you

  1. China's model practices Yoga

  2. First snow falls in Taiyuan, N. China

  3. Chinese shadow puppetry

  4. Way back to normal life from drug addiction

Most Popular


  1. Chinese still swarm to hard-hit Wall Street
  2. Durban goals must not crack under pressure
  3. Corporate efforts better than govt ad in selling China
  4. Iceland deal hits local firms with dose of cold water
  5. Are Chinese people truly miserable?
  6. Protecting monetary sovereignty
  7. Think competitively
  8. Public anger hits the roof
  9. Zero-sum mentality should be ditched
  10. US expected to contribute to Asian economy

What's happening in China

Aussie black-belt hosts travel show

  1. Chinese fire dragon dance shown in SW China
  2. New home sales see weekly 12.7% fall
  3. First snow falls in Taiyuan, N. China
  4. Pork industry safe: experts
  5. Sales target likely to be beaten

PD Online Data

  1. The lion dance in Guangzhou
  2. The flower fair in Guangzhou
  3. Lion dances pay New Year calls in Guilin
  4. Jiangsu´s special New Year traditions
  5. Hakka traditions in Spring Festival