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The project has an estimated budget of RMB 1.8 million (approximately €232,000).

COFCO Standard has been included in the latest ASC Feed Standard Accepted Certification Schemes List published last week.

'Seafood Trends 2026: The China Report' by the Norwegian Seafood Council (NSC) explores the complexities of this rapidly expanding market.

Both the world's largest aquaculture producer and a leading user of marine ingredients, China is expected to account for 42% of global fishmeal consumption by 2034.

The Danish-headquartered aquafeed producer plans to add 50,000 tonnes of capacity at its facility in Wuxi, with a new production line expected to be operational in early 2027.

Previously Head of Business Development and Strategic Partnerships, following his promotion, Morten Westby joins the local management team in Ningbo.