Wednesday, September 27, 2017 | ePaper

Western China leads fight against poverty

  • Print
Xinhua, Yinchuan :
Poverty, water scarcity and barren lands are what many associate with western China's mountainous areas. However in the county of Xiji, one of the poorest regions in China, people are finding ways to develop while being environmentally friendly.
Seven years ago, Shanghai resident Xu Jinguo came to Xiji in northwestern China's Ningxia Hui Autonomous Region as he noticed fast development in the region. He was later hired as a manager by Xiangfeng Company in a village surrounded by mountains.
"We raise hundreds of Angus cattle and grow vegetables that adapt to cool weather, such as potatoes, corn, tomatoes, cucumbers and celery," Xu said.  "The large temperature difference between day and night leads to fewer pests and disease, and sweeter food."
Established in 2014, the company cooperates with local farmers by teaching crop-growing skills, extending sales and providing jobs.
"I no longer need to worry about the outlet of my potatoes as the farm offers more opportunities," said Su Xianggen, a local potato-grower.
Su said that he made more than 70,000 yuan (10,724 U.S. dollars) a year with 24 hectares of land and was now considering other breeds of potatoes with advanced irrigation of water and fertilizer.

More News For this Category

StanChart receives BB remittance award 2016

StanChart receives BB remittance award 2016

Business Desk :Standard Chartered Bank Bangladesh has become the only foreign commercial bank to recently receive the Bangladesh Bank Remittance Award 2016, for its role in facilitating inward flow of

Abdul Wadud, Deputy Managing Director of City Bank Limited, handing over a donation cheque to Professor Shibli Rubayat Ul Islam, Dean of the Faculty of Business Studies of University of Dhaka at the bank's head office recently. Sohail RK Hussain, Managing Director of the bank was also present among others.

Abdul Wadud, Deputy Managing Director of City Bank Limited, handing over a donation cheque to Professor Shibli Rubayat Ul Islam, Dean of the Faculty of Business Studies of University of Dhaka at the bank's head office recently. Sohail RK Hussain, Managing Director of the bank was also present among others.

Muhith for friendly relations between tax collectors, taxpayers

Economic Reporter :Finance Minister AMA Muhith on Tuesday called for strengthening further the friendly relations between tax collectors and taxpayers to expedite the collection process for fulfilling the revenue target

Weeklong programme to celebrate World Tourism Day

Economic Reporter :The government and different organisations have chalked out weeklong colourful programmes to celebrate World Tourism Day with the global theme 'Sustainable Tourism - a Tool for Development'."This year's

Bashundhara gets 500 acres of land in MEZ

Bangladesh Economic Zones Authority (BEZA) has allocated 500 acres of land in its Mirsarai Economic Zone (MEZ) for setting up of Bashundhara Industrial Economic Zone (BIEZ).Executive member (investment and development)

Musician Shafin Ahmed takes part for the fund raising marathon event 'Run to Give' a charity initiative for the children in Dhaka comprised of 10 km starting from International Convention City Bashundhara to Kanchon Bridge on Sunday. Le Méridien Dhaka and Four Points by Sheraton Dhaka jointly hosts the Marriott Internationals' event.

Musician Shafin Ahmed takes part for the fund raising marathon event 'Run to Give' a charity initiative for the children in Dhaka comprised of 10 km starting from International Convention City Bashundhara to Kanchon Bridge on Sunday. Le Méridien Dhaka and Four Points by Sheraton Dhaka jointly hosts the Marriott Internationals' event.

PPPs can help fill Asia's infrastructure gap :ADB

Business Desk :Leveraging private capital and technical expertise through public-private partnerships (PPPs) can help countries in Asia and the Pacific meet their infrastructure needs, which currently stand at about $1.7

Golam Dastagir Gazi, MP, Director of Jamuna Bank Limited, distributing relief goods among the Rohingya people at Balukhali, Ukhiya of Cox's Bazar District recently. Md Tajul Islam MP, Director, Md Ismail Hossain Siraji,Chairman, Md.Shafiqul Alam, Managing Director and Mirza Elias Uddin Ahmed, AMD of the bank were also present.

Golam Dastagir Gazi, MP, Director of Jamuna Bank Limited, distributing relief goods among the Rohingya people at Balukhali, Ukhiya of Cox's Bazar District recently. Md Tajul Islam MP, Director, Md Ismail Hossain Siraji,Chairman, Md.Shafiqul Alam, Managing Director and Mirza Elias Uddin Ahmed, AMD of the bank were also present.

BLF demands investigation of BAT's corruption

Economic Reporter :British American Tobacco (BAT) evaded millions of BDT tax and involved in corruption and money laundering, alleged Bangladesh Bidi Labourers' Federation on Tuesday at a press conference in

Stocks maintain downtrend as major sector dip

Both the stock markets were down further on Tuesday due to mainly price fall in large-cap securities despite higher transactions.Among the falling major sectors were textile, food and allied and