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Ningxia Xixiaking Winery, Shanghai Huibin Developing Co., LDT and a French company will invest 120 million yuan to set up a vineyard tourism foundation. It's expected that the annual output will be 3000 tons. And the first phrase project will be finished in 2008. The main productions will be wines of premium vineyards-------Xixiaking & the French vineyard. They will exploit Shanghai, Zhejiang markets in order to raise Ningxia wines' ranks.
The successful cooperation of these three enterprises will further the development of China wine industry to some extent.
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