College Graduate Swineherd Earns Over 1Mln Yuan Annually
    2011-02-09 21:18:27     CRIENGLISH.com      Web Editor: Gong
 

A college graduate, who gave up his white-collar city job, went back to his hometown to start a pig-breeding business. The job earned him over 1 million yuan (or 151,700 USD) annually, the China Youth Daily reports.

Wang Chao established the pig farm in 2005 after graduating from the Shandong Economic University. He started with an initial investment of 800,000 yuan (or 121,360 USD). The borrowed money was used to buy 11 piggeries, 3 breeding boars and 18 breeding sows.

The death of three breeding sows less than one week of the start of the business was a heavy blow for Wang. After that he learnt from his setbacks and strengthened the work of disease prevention.

He boldly applied new technologies for pig-breeding and attached great importance on employing technical people with professional knowledge.

As the scale of the pig farm expanded, Wang decided to unite other swineherds nearby and founded a local swineherd cooperative in May of 2007. These group business models significantly raised local swineherds' income.

The cooperative has so far attracted more than 160 swineherds.

Wang said he is planning to extend the industry by establishing a modern slaughter-house, which may increase the net profit by 40 to 50 yuan on each pig sold from the farm.

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