|

The fourth Pinghu Agricultural Economy Fair, which was held on June 29, establishes an online exhibition hall for the first time. [Photo/cnjxol.com]

Pinghu, a county in Jiaxing, East China's Zhejiang province, introduced 30 agricultural projects worth 4.25 billion yuan ($601.51 million) at the fourth Pinghu Agricultural Economy Fair held on June 29, local media reported.

The projects focus on scientific innovation, digital agriculture, recycling economy, intensive processing, homestay construction and application of internet of things (IoT).

Meicai.cn, a fresh food e-commerce platform in China, is the biggest investor.

It plans to invest 1.86 billion yuan to establish a headquarters office center, food research and development center, Yunshan University, and Yunshan Town in a bid to change the agricultural market in China through the use of advanced technologies.

The e-commerce platform will also establish a demonstration base for modern agricultural production in East China, primary processing center for agricultural products, warehouse, logistics center, and operation and settlement center in Pinghu.

A travel route was also launched at the fair, which extends for 27.58 kilometers and connects all the villages in the district, showcasing the achievements made by Pinghu in constructing a beautiful countryside.

The fair also established an online exhibition hall for the first time to enable netizens to experience the agricultural achievements and digital rural construction in Pinghu.

Pinghu has secured 87 projects worth 8.34 billion yuan during the past three editions of the fair, including 26 projects costing more than 100 million yuan.