Chinese
Home
site map
Contact us
Mail to us

China Agricultural Newsletter - April 2017

The China Agricultural Update is provided by the Iowa Economic Development Authority's (IEDA) office in China, which is operated by Phoenix Consulting LLC. Ms. Wendy Zhang, IEDA's trade specialist in the China office, can provide customized market research information for your company. For more information on how to utilize the services offered by IEDA's Beijing Office, please contact Mr. Joseph Rude at joseph.rude@iowa.gov.

Laws, Regulations and Policies

China vows to deepen economic system reform to boost growth

 BEIJING - The State Council, China's cabinet, has approved a document which highlighted the key tasks in deepening economic system reform in 2017.

China plans planting areas to upgrade agricultural pattern

 BEIJING - China is planning to define the country's agricultural production areas in two functions in three years, to assure the effective supply of agricultural products, Minister of Agriculture Han Changfu said Tuesday.

State Council releases revised regulation for agricultural chemicals

 The State Council has released a regulation on the control of agricultural chemicals, in a bid to strengthen the management and quality of the chemicals.

China aims to improve logistics system to protect food safety

 BEIJING - China will build a cold chain logistics system to improve food safety and boost consumer spending, according to an official document released on Friday.

Agriculture insurance for disasters to be promoted in 200 counties

 About 200 counties in China will launch a new type of agriculture insurance as an innovative program to compensate crop yield losses resulting from natural disasters, according to the State Council executive meeting on April 26.

Seven new FTZs to reinvigorate Chinas central and western regions

 Seven new free trade zones (FTZ) began operation across China on April 1, with the aim of further opening up the country and coordinating development between various regions.

Industry and Business Watch

China's food prices continue to dip

 The average price of food in 50 Chinese cities continued to drop between April 11 and April 20, official data showed Monday.

Vice premier urges improved rural credit guarantee system

 BEIJING, April 28 (Xinhua) - Chinese Vice Premier Wang Yang called for a better rural credit guarantee system to direct more loans into the money-starved rural economy.

Russia to export 1.5 mln tonnes of farm produce to China in 2018

 MOSCOW, March 29. /TASS/. Russia is planning to export 1.5 million tonnes of agricultural products to China in 2018, namely grain legume crops and sunflower oil under the terms of a long-term contract. By 2028, a total export volume will climb to 52 million tonnes, Russian Agriculture Minister Alexander Tkachev said on Wednesday.

China still No. 1 buyer of Russian soybeans

 China remains as the top buyer of Russian soybean, Ukr AgroConsult said, adding that in February Russian soybean exports totaled 41,200 tonnes, a slight decease from January’s 41,500 tonnes and substantially lower than February 2016’s 65,300 tonnes.

First trainload of Russian wheat arrives in China

 A freight train fully loaded with Russian wheat arrived at Manzhouli land port in north China's Inner Mongolia Autonomous Region Saturday.

China to import genetic material from Norwegian Red breed cattle

Norway and China have signed a protocol to regulate quarantines and health requirements for the export of genetic material from the “Norwegian Red” breed of dairy cattle. 

Dairy imports will continue to rise

 Imports of dairy products to China will continue to rise over the next 10 years, although at a slower pace, according to a report released on Thursday.

Oceania Dairys $400 million dairy facility launched in Auckland, New Zealand

 A $400 million upgraded facility at Oceania Dairy’s Glenavy factory in New Zealand was launched at an event in Auckland, in late March this year, NZFarmer reports.

Norway seafood sees exciting future in tickling local taste buds

 OSLO - A major investor from the land of the vikings said China would be the next big fish market to be conquered by Norwegian salmon.

More American lobster makes its way to Chinese dining tables

China's appetite for lobsters is continuing to rise,drving imports from the United States to a historic high,Bloomberberg reports.

China consumes over 73% of Vietnam's exported fruits, vegetables in first quarter

 HANOI - China was the key market for Vietnamese fruits and vegetables in the first quarter of 2017 while consuming over 73 percent of the country's exported item, according to Vietnam's Ministry of Agriculture and Rural Development (MARD) on Tuesday.

China consolidates ranking as Chile's top wine market

 SANTIAGO - China overtook the United States in 2016 to become Chile's No 1 wine market, Angelica Valenzuela, commercial director of Vinos de Chile, said on Friday.

'New Retail' integrates online, offline channels

 China may have emerged as the world's largest consumer market by 2016-end, but it's only recently that steps to revolutionize the retail-scape have accelerated, with merchants and brands hailing the dawn of so-called 'New Retail', according to consultancy eMarketer.

Cottage Inn Pizza looks to win slice of market

 Pizza Hut and Papa John's may be the pizza pioneers in China, but another U.S. company is looking to take a more gourmet approach to win a big slice of the Chinese mainland market.

Wal-Mart expands in Hubei

 Multinational retailing corporation Wal-Mart Stores Inc announced plans to open 15 new stores in Central China's Hubei Province in the next three years, providing 6,000 jobs, domestic news portal china.com reported on Thursday.

ChemChina wins EU, US nods for Syngenta takeover

 Brussels/Washington - China National Chemical Corp won the European Union's antitrust approval for its $43 billion takeover of Swiss pesticide maker Syngenta AG, a day after the US gave its blessing, bringing China's largest foreign acquisition closer to the finish line.

Alibaba to set up e-commerce hub in Malaysia

 China's e-commerce giant Alibaba group on Wednesday announced a plan to set up an e-commerce hub in Malaysia encompassing logistics, cloud-computing and e-financial service to boost trade and e-commerce in the region.

Chinese investment in U.S. triples in 2016: report

 Chinese direct investment in the United States tripled in 2016 with Chinese companies employing more than 140,000 Americans, according to a report released on Tuesday.

Statistics

Average food prices in 50 cities April 11-20, 2017

 

Item

Specification/Unit

Current price

(RMB)

Percentage changes

as compared to last period

(%, April 1-10, 2017)

Rice

Japonica rice / kg

6.37

0.0

Flour

Strong flour / kg

6.24

-0.2

Flour

Standard wheat / kg

5.19

0.0

Soy products

Bean curd / kg

4.81

0.0

Peanut oil

5 Lin barrel bulk / litre

27.93

0.3

Soyabean oil

5 Lin barrel bulk / litre

9.88

-0.3

Rape seed oil

Grade 1 in bulk / liter

13.99

-0.1

Pork

Rump / kg

28.02

-0.9

Pork

Belly meat / kg

29.46

-0.8

Beef

Leg / kg

66.89

0.0

Mutton

Leg / kg

58.29

0.1

Chicken

Frozen fresh chicken / kg

21.49

-0.1

Chicken

Breast / kg

19.93

-0.2

Ducks

Frozen fresh duck / kg

17.73

0.4

Eggs

Fresh eggs in bulk / kg

7.63

-1.3

Source: China National Bureau of Statistics

Major meat retail price April 2017

 Pork (Lean):

                                                                           RMB1.00 yuan/kg

Average Sales Price (Street markets & Supermarkets)

Var. Percent

A.       04/11/17-
04/20/17

B.       04/01/17-
04/10/17

C.       03/11/17-
03/20/17

D.       04/11/16-
04/20/16

(A-B)/B

(A-C)/C

(A-D)/D

32.86

33.04

33.54

34.46

-0.54%

-2.03%

-4.64%

 

Egg:

                                                         RMB1.00 yuan/kg

Average Sales Price (Street markets & Supermarkets)

Var. Percent

E.        04/11/17-
04/20/17

F.        04/01/17-
04/10/17

G.       03/11/17-
03/20/17

H.       04/11/16-
04//20/16

(E-F)/F

(E-G)/G

(E-H)/H

7.74

7.78

7.60

9.00

-0.51%

1.84%

-14.00%

 

Chicken:       

                                                                          RMB1.00 yuan/kg

Average Sales Price (Street markets & Supermarkets)

Var. Percent

I.         04/11/17-
04/20/17

J.         04/01/17-
04/10/17

K.       03/11/17-
03/20/17

L.        04/11/16-
04/20/16

(I-J)/J

(I-K)/K

(I-L)/L

19.26

19.20

19.22

20.04

0.31%

0.21%

-3.89%

 

Source: China Animal Agriculture Association 

 
Copyright