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Chinese and foreign guests launch the new plant. [Photo provided to chinadaily.com.cn]

Chinese middle-income earners have developed a taste and ability to pay for premium foods. Our customers in the agri-food sector are diversifying their product offerings to satisfy these consumers' interests, and e-commerce is becoming an increasingly significant channel for the distribution of these high-quality foods. Alltech is supporting both large and small producers of premium foods in their efforts to ensure food safety and improve meat quality and nutritional value.

Chinese film company Bona Film Group plans to issue no fewer than 122 million shares on the Shenzhen Stock Exchange to raise 1.4 billion yuan (2.07 million) through an IPO, according to the prospectus disclosed Friday on the website of the China Securities Regulatory Commission.

Chinese pangolins, which used to be under the second level of State protection, is now listed among the top-protected animals, the National Forestry and Grassland Administration announced in June, 2020. [Photo/Sipa]

Chinese people's incomes have increased exponentially over the past 40 years, but the income growth of the low-and lower-middle-income groups mostly relies on earnings related to job opportunities during industrialization and urbanization.