PRNewswire-FirstCall/ -- China Fruits Corporation (CHFR) ("China Fruits" or "the Company"), a distributor and producer of fresh tangerine and other fresh fruits in People's Republic of China....
>>>>>>> ""Developing e-commerce with Alibaba's platform is one of the most critical strategies for the Company, which provides a powerful access to the non-China markets. By standing on the solid soil of the great reputation earned at Alibaba.com for years, China Fruits has achieved a successful business overseas.""
Also set into play for the USA market::: >>>>>>>>>
In June of 2014, the board of directors of the Company authorized and approved to setup a new subsidiary called US-China Fruits Company Limited ("US-China Fruits") under the laws of British Virgin Islands, of which China Fruits has 99.99% ownership. The article of incorporation of US-China Fruits was filed on June 16, 2014 but the company had no activities as of September 30, 2014. The Company believes the new subsidiary will facilitate the process and increase the efficiency when they develop overseas markets.