Qingdao Kangda Foodstuff Co.,Ltd was set up in 1996 by The Ministry of Foreign Trade & Economic Cooperation (MOFTEC), so it was a 100% shareholder ¨C owned co***ny mainly dealing in import & export business as well as investments.
Because it was newly established, all the staff were carefully selected, they were young, well-educated and professional.
The import & export buiness developed very fast since the set-up of this co***ny. Take export as an example, in 1996, the export was USD 50 million...
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