Leading industry with technological innovation and developing COFCO's unique new quality productive forces
Enhancing strategic planning to build an agri-food innovation ecosystem
In 2024, COFCO deepened its commitment to advancing technological and industrial innovation by strengthening strategic planning, improving institutional mechanisms, and enhancing collaboration between industry, academia, and research. We built a demand-driven, market-oriented innovation system that integrated research and production, while also developing a high-caliber team of science and technology professionals to accelerate progress toward greater technological self-reliance and strength.
Strengthening technological research to achieve self-reliance
Technological innovation can drive the emergence of new industries, new business models, and new growth drivers. COFCO regards technological innovation as a comprehensive and systematic undertaking. Following the innovation strategy of "industrializing future technologies and future-proofing key sectors," we have focused on building original innovation hubs, increasing the supply of quality scientific and technological outcomes, and boosting investment in scientific and technological innovation. Emphasizing both research breakthroughs and the commercialization of results, we have made notable progress in key areas such as high-end grain machinery, green and intelligent grain storage systems, synthetic biology, and germplasm resources—delivering a number of major, landmark achievements.