Chinese seed company Yuan Longping High-Tech Agriculture has announced a partnership with China National Agrochemical unit Xianlong Biotechnology to develop and improve the commercialisation of new varieties of corn seed for the Chinese market. The joint venture, which will be called Xianlong Biotechnology , will also promote domestic biotech corn. The 6.3255 firms are each contributing CNY50m ( 1 ) to the project.
Chinese seed company Yuan Longping High-Tech Agriculture has announced a partnership with ChemChina unit China National Agrochemical to develop and improve the commercialisation of new varieties of corn seed for the Chinese market. The joint venture, which will be called Xianlong Biotechnology, will also promote domestic biotech corn. The two firms are each contributing CNY50m ($7.9m) to the project.