With a capital Axed at $2,000,000, the China Tea Company will be Inaugurated at the end of April in Shanghai under the joint auspices of the Ministry of Industry and the provincial authorities of Anhwei, /Kiangsi, Chekiang, Hunan and Hupei, according to Mr. Show Ching-wel, vice-director of the business depart= ment of the Central Bank of China, who is making plans for the establishment of the new firm.
Seven model tea-planting_ stations and. factories will be established in. the six provinces of which Anhwei alone will have two, Mr. Show said, Experts will be invited to supervise. the promotion of tea cultivation and lis distribution and exportation.
Text read from the printed page and cleaned; old type leaves the occasional error.