Agricultural big data service provider SINONET has recently announced the completion of its Series A financing round.
Recently, New Hope Group revealed that it had reached a strategic cooperation agreement with the government of Hubei Province.
The Ministry of Commerce, the State Post Bureau, and China Post Group Co., Ltd. jointly issued a framework agreement for cooperation.
China’s leading digital agriculture new infrastructure service platform includes the followings:
Alibaba Cloud ET Agricultural Brain
JD Smart Agriculture Development Community
Sinochem Agriculture Make Agriculture Perfect (MAP)
Beijing Fatoan Internet Technology
Long Ping High-Tech
China National Agricultural Development Group (CNADC)
According to Xinhua News Agency, at the 19th meeting of the Standing Committee of the 13th National People’s Congress on the 18th, the draft Law on Promotion of Rural Revitalization was first submitted for consideration.
On May 21, 2020, the executive board of the World Bank approved a loan of 136.5 million euros (US$150 million) to China for safe, sustainable, and smart agriculture projects in Hubei Province to promote environmentally sustainable and climate-smart agriculture, To improve the quality of agricultural products and food safety.
On June 10, Tencent announced two advancements in “AI plus agriculture”.
On the research side, Tencent AI Lab and the world-famous agricultural institution Wageningen University in the Netherlands jointly organized Autonomous Greenhouses International Challenge 2019.
China Agricultural University’s Smart E-commerce Research Institute released a report on the status and development of rural e-commerce talents in China in 2020.
The National Development and Reform Commission has approved on the funding project from the World Bank, who loans USD 300 million to support Henan ’s high-quality green agricultural development, according to Henan Development and Reform Commission on March 11.
Agricultural products distributor Wangjiahuan has completed a Series B financing round of 600 million yuan led by Meituan Dianping. The company’s existing shareholder Hidden Hill Capital also participated in the round.