COFCO (full name: China Oil and Foodstuffs Corporation) is a Chinese state-owned food processing holding company. COFCO Group is China's largest food processor, manufacturer and trader.[5] It is also one of Asia's leading agribusiness groups alongside Wilmar International.
Its headquarters are in the COFCO Fortune Plaza (中粮福临门大厦) in Chaoyang District, Beijing.[6]
Background
Founded in 1949, it is one of the largest SOEs of those under the direct supervision of the SASAC. Between 1952 and 1987, it was the sole agricultural products importer and exporter operating under direct control of the central government. In 2007, COFCO had just over 60,000 employees in multiple locations in China as well as overseas operations in countries such as Japan, US, UK, Australia and Canada.
Besides the foodstuff business, COFCO has developed into a diversified conglomerate