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China Agricultural Newsletter - May 2019

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@iowaeda.com.

Laws, Regulations and Policies

China announces guidelines to promote integrated urban-rural development

 BEIJING - The Central Committee of the Communist Party of China (CPC) and the State Council, or China's Cabinet, on Sunday announced guidelines on the promotion of integrated urban-rural development.

China launches campaign to train scientifically-literate farmers

 BEIJING - China on Thursday announced a three-year campaign to improve the science literacy of its rural population.

China strengthens measures to defend biodiversity

 China will strengthen surveys, observations and assessments related to biodiversity to identify prominent conservation problems and ensure national ecological security, the country's top environmental official said.

China unveils plan to strengthen food safety

 BEIJING - China has unveiled a guideline to enhance the country’s food safety with a phased plan to build a modern governance mechanism in the field.

China releases new regulation on gov't investment activity

 The State Council, China's cabinet, on Sunday released new regulations for the government's investing activities, addressing a wide range of issues from restrictions on government investment to guiding principles to specific procedures, in a bid to improve efficiency.

Industry and Business

China's weekly farm produce prices slightly retreat

 BEIJING, May 29 (Xinhua) - Prices of farm produce in China slightly retreated last week, according to data from the Ministry of Commerce (MOC).

China's food inflation rose 6.1% in April as pork prices spiked

 China’s April consumer inflation was in line with expectations, but a spike in pork prices contributed to higher food prices, the National Bureau of Statistics data showed on Thursday.

Gene editing reassuring for safety of crops

 Agricultural scientists in China have called for a regulatory shift to classify crops and plants developed through gene editing technology as traditionally bred varieties.

China expands soybean plantation area to cut dependence on imports

 HARBIN, May 16 (Xinhua) - Major soybean growers in China are on an expansion mode to achieve a fast growth in domestic supply of high-quality soybean produce this year, while cutting the country's dependence on imports.

Swine fever reshaping pig farming

 China's pig farming industry is undergoing a second crisis in a decade, this time caused by African swine fever. The potential pork shortage is changing the layout of China's pig industry and dining tables all over the world.

China's pig industry attracts century-old Dutch feed firm

 BEIJING, May 28 (Xinhua) - Royal Dutch De Heus, a century-old Dutch feed firm, hopes to build a pig slaughtering and processing plant in China in cooperation with its Chinese partner Wellhope.

New vaccines could combat swine fever

 Chinese scientists have developed two possible vaccines for the African swine fever virus, the Chinese Academy of Agricultural Sciences announced on Friday.

China's pig meat output to drop by 10% due to swine fever, FAO says

 China could see its pig meat production reduced by at least 10% this year due to African swine fever but this development may provide opportunities for producers elsewhere, the UN Food and Agriculture Organization (FAO) said last week.

Brazil says China cleared six more meat exporting plants

 BRASÍLIA, May 23 (Reuters) - China will allow meat exports from six Brazilian meat-packing plants as an outbreak of African swine fever in the Asian nation has forced the country to look for alternative suppliers.

China's poultry exports to EU hits record high

 JINAN - China's poultry meat exports to the European Union (EU) hit a six-year high in April after the EU started granting more low-tariff quotas on April 1.

Cheese becomes new growth driver in dairy sector

 A growing number of Chinese people are eating cheese, which is not part of their traditional diet. While the industry has promising potential, challenges remain.

China pilots unmanned farming in major grain bases

 Agricultural drones are flying above while driverless machines transplant rows of rice seedlings in a farm in northeast China's Heilongjiang Province, a major rice production base.

China allocates funds to improve supply chain of agricultural products

 BEIJING, May 18 (Xinhua) - China will step up fiscal support to improve the supply chain of agricultural products in a bid to boost sales and increase farmers' income, according to an official announcement.

China remains world's largest aquatic product exporter for 17 consecutive years

 BEIJING - China has remained the world's largest exporter of aquatic products for 17 consecutive years, the country's agriculture minister said Thursday.

China's e-commerce trade volume reaches 31.63t yuan in 2018

 GUIYANG - China's e-commerce trade volume reached 31.63 trillion yuan ($4.58 trillion) in 2018, according to a report released at the ongoing China International Big Data Industry Expo 2019 in Guiyang, capital of Southwest China's Guizhou province on Tuesday.

Online sales of China's agricultural products rise rapidly in 2018: report

 FUZHOU - Online retail sales of agricultural products grew by 33.8 percent to reach 230.5 billion yuan ($34.06 billion) in 2018, said an official report issued on Wednesday on digital trends that are sweeping rural China.

Industry, agriculture and consumption serve as bedrocks of Chinese economy

 China, maintaining medium- to high-speed economic growth amid high-quality development as a huge economy of over $10 trillion, is making an unprecedented miracle in the world economic history.

Chilean wine exports flow toward mainland

 SANTIAGO - China is a "fundamental" partner for Chile, especially as a market for Chilean wines, according to Mario Pablo Silva, president of trade promotion group Wines of Chile.

Chinese consumption of healthier snack foods helping expand walnut production

 Quality-conscious Chinese consumers are pursuing healthier snack foods, like nuts, industry experts said. The experts predict the market will see a golden growth period with expanding scale and higher prices.

Bio energy should be central to Chinese development: forum

 A national forum on technology innovation and communication for biological natural gas was held May 9-10 in Shijiazhuang, Hebei province.

Alibaba opens e-commerce platform to sellers outside of China

 China's e-commerce giant Alibaba is now allowing businesses from a select few other countries to sell goods on its platform. AliExpress, which enabled small and medium-sized companies in China to sell goods to over 150 countries, has opened up to businesses in Italy, Russia, Spain and Turkey reports The Financial Times.

Statistics

Market Price of Major Agricultural Products in Circulation, May 11-20, 2019

 

Products

Units

Current Price

(CNY)

Price Change over Previous Period

(May 1-10, 2019, CNY)

± Rate (%)

Rice (Japonica Rice)

ton

4215.4

-0.9

0.0

Wheat (Third-Class of National Standard)

ton

2409.2

-6.4

-0.3

Corn (Second-Class of Yellow Corn,)

ton

1872.9

27.5

 1.5

Cotton (Ginned Cotton, Third-Class of White Cotton,)

ton

15491.1

-123.2

 

 -0.8

Live Pig (External Triple Crossbreed)

kg

14.9

0.0

0.0

Soybean

ton

4031.1

17.8

0.4

Soybean Meal (Crude Protein Content≥43%)

ton

2742.3

114.5

4.4

Peanut (Oil Peanut)

ton

7473.3

-36.7

-0.5

Urea (Small Granule)

ton

2083.3

-17.2

-0.8

Compound Fertilizer (Compound Fertilizer of Potassium Sulfate)

ton

2580.0

0.0

0.0

Pesticide (Glyphosate, 95% Technical Material)

ton

24125.0

-42.5

-0.2

Source: China National Bureau of Statistics

 
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