Sino Green Land Announces Launch and Expansion of Green Food Exports to Australia

http://www.marketwatch.com/story/sino-green-land-announces-launch-and-expansion-of-green-food-exports-to-australia-2010-06-23?reflink=MW_news_stmp


Sino Green Land Announces Launch and Expansion of Green Food Exports to Australia


NEW YORK and GUANGZHOU, China, Jun 23, 2010 (GlobeNewswire via COMTEX) -- Sino Green Land Corporation /quotes/comstock/11k!sgla (SGLA 0.30, 0.00, 0.00%) , a leading distributor of high-end fruits and vegetables in China, today announced it has commenced and subsequently expanded its export of Green Foods into Australia following a successful trial order with local distribution partner(s). Green Foods are healthy and environmentally friendly foods that meet strict standards set by the China Green Food Development Center, under the direct supervision from China's Ministry of Agriculture.

Mr. Anson Fong, Chairman and CEO, stated, "We are excited to announce the launch and expanded distribution of Green Foods in Australia following a very successful trial order with our local distribution partners. We see Australia as a sizeable new market, ripe for expansion. In 2009, gross exports of Green Foods reached more than $2 billion and in the past 5 years, Green Food exports from China have increased at more than a 40% compound annual growth rate. The Green Food designation is an important standard set by China's Ministry of Agriculture, and recognized by over 40 trade partner countries. Through our relationship with the China Green Food Association we have access to distribute over 17,000 food items from more than 6,000 producers. As a result, we are able to offer competitive pricing on these foods, which meet the highest standards, including meats, fruits, vegetables, teas, spices, seafood, soft drinks, frozen foods, and much more. We look forward to developing a strong market presence in Australia with the support of our local partners."