The opening ceremony for the demonstration base in Changchun, Jilin province. [Photo provided to gojilin.gov.cn]

On Aug 14, the Modern Fungus Industry Technology Demonstration Base was unveiled in Changchun's Jingyue High-Tech Industrial Development Zone, marking a key milestone in the city's advancement of the fungus industry.

At the ceremony, Changchun Equity Investment Fund Management Co, Jilin Jingfa Group, and Ferry Innovation Works signed an agreement to jointly develop the "International Fungus Innovation Valley." This collaboration will enhance operations, tech exchange, and market strategies, with Ferry Innovation Works boosting growth by directing resources toward private enterprises.

The first China (Changchun) Ganoderma Spore Powder Harvest Festival. [Photo provided to gojilin.gov.cn] 

This event also marks the first China (Changchun) Ganoderma Spore Powder Harvest Festival. Visitors experienced the harvesting and processing of Ganoderma spore powder and Tremella mushrooms, showcasing the appeal of high-quality fungus products.

The result of a long-term collaboration led by professor Li Yu from the Chinese Academy of Engineering, the base aims to become an international hub for fungus industry innovation. It will integrate research, production, processing, sales, and tourism. The project's first phase covers 10 hectares, with an expected annual output of 185,000 kilograms, generating 13 million yuan ($1.82 million) in revenue and creating over 1,000 jobs.