Three Chinese state enterprises team up on high-tech offshore aquaculture project

Yantai CIMC Raffles Offshore Limited (CIMC Raffles) is partnering with the Shandong Ocean Group, the Guoxin Development Group, and Chinese several research institutions and universities to create an industry cluster producing equipment and seafood worth “hundreds of billons of yuan” annually ... 

Photo courtesy of Yantai CIMC Raffles Offshore Limited