Chinese pickle giant sees profits soar
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Chongqing Fuling Zhacai Group, a preserved Sichuan pickle company in southwest China's Chongqing Municipality, Wednesday reported a net profit attributable to its shareholders of 662 million yuan (98.8 million U.S. dollars) last year, up nearly 60 percent.

The company's revenue stood at 1.9 billion yuan, an increase of 25.9 percent.

"Our high-end product line contributed to last year's outstanding performance," said Zhou Binquan, the company's chairman.

The scale of China's pickle industry topped 4.97 billion yuan in 2017, with a compound growth rate of 7.3 percent in the recent five years.

According to the district government of Fuling in Chongqing, over 600,000 local farmers are involved in the planting of stem mustard -- the raw material for the pickle. In 2017, 1.6 million tonnes of stem mustard were produced, which were made into 470,000 tonnes of pickle products worth over 9 billion yuan.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan