China Premium Food Corporation (OTCBB:CHPF) announced today the unveiling of a full-service B2B food portal for China. The portal will be in the demo and beta stages until the expected launch July 1, 2000. China Premium has been active in the food industry in China since 1993 and will combine the established food distribution business of Mandarin Fine Foods with its B2B e-commerce portal to provide a powerful food purchasing and sales tool for a wide range of commercial consumers and suppliers in the food industry.