MLA responds to China’s 13th five-year plan
Meat & Livestock Australia (MLA) has released an article outlining the most pertinent aspects of the 13th five-year plan for Australia’s red meat industry. MLA also discusses the implications of this plan to present potential opportunities for the industry in China. Click here to read the full article.
Provincial governors now responsible for food security
China’s Ministry of Agriculture has released a statement from the State Council, outlining the role of provincial governors in ensuring food security. The governors will now be responsible for the amount of quality of farmland remaining stable, improving pollution control, verifying to authenticity of grain reserve data and protecting farmers. Click here to read the full statement.
China investing billions to resettle poor residents
This year alone, China has allocated 5.5 billion yuan to resettle almost 1 million people from less economically developed areas in an attempt to free them from poverty. China plans to resettle approximately 10 million disadvantaged Chinese from these areas over the next five years. Click here to read the full article.
For more information on urbanisation trends and food demand in the long term, click here to read the Australian Government’s ‘What China Wants’ report.
Alibaba promotes foreign goods in rural China
More foreign brands will be available at Alibaba’s 8,000 rural service stations during Chinese New Year. Alibaba will begin a campaign in mid-January promoting local specialty goods in addition to over 500 foreign products to rural buyers in anticipation of the Spring Festival. To read the full article, click here.
Chinese bid for Syngenta AG rejected
The world’s largest agrichemical company, Syngenta AG, has rejected a $42 billion takeover bid by China National Chemical Corp. Bloomberg has reported that Syngenta AG turned the bid down over regulatory concerns. Click here to read the full article.
Chinese and Australian Agriculture Ministers meet in Beijing
Minister Han Changfu met with the Hon. Barnaby Joyce at the 12th China-Australia Joint Agricultural Committee meeting last week. Both Ministers acknowledged that bilateral agricultural cooperation is an integral part of the trade relationship, which is now underpinned by the China-Australia FTA. Click here to read the full article.
This brief summarises a range of publicly available news articles in both Chinese and English and AustCham takes no responsibility for the accuracy of the information in these articles. In addition, the views and opinions reflected in these articles are not necessarily representative of AustCham.
For more details on how to get involved in the AustCham’s Food and Agribusiness Services, please contact Andrew Britz.