China and France have agreed to improve the trade relations for agricultural products between the two countries. Market intelligence firm CCM helps companies to get a deep understanding of the Chinese agriculture market and therefore enables effective business growth in the second largest economy worldwide.
French President Emmanuel Macron and Chinese President Xi Jinping have met in China recently to strengthen the economic and political ties between the two countries. Besides more cooperation in the nuclear and aviation industry, the leaders also agreed to better trade relations regarding agricultural products. In general, the consent of the meeting promotes cooperation in emerging areas including agriculture and food, health and medical services, urban sustainable development, green manufacturing and finance.
According to market intelligence firm CCM, trading agricultural products with China is a crucial business goal, as the country is counting to the worldwide top growers of wheat, rice, corn, soybean, and cotton.
The Belt and Road plan is an outstanding chance for Chinese enterprises to expand their exports to the countries, extend their supply chain, and realise export structural optimization.
China’s export volume of vegetable seeds by export destination, million tonnes, 2012-2015
No.
|
Country
|
MY12/13
|
MY13/14
|
MY14/15
|
1
|
Korea South
|
891
|
1,022
|
737
|
2
|
Netherlands
|
838
|
653
|
584
|
3
|
United States
|
716
|
727
|
480
|
4
|
Japan
|
444
|
481
|
436
|
5
|
Taiwan
|
267
|
228
|
323
|
6
|
Italy
|
448
|
361
|
246
|
7
|
|
90
|
83
|
167
|
8
|
|
100
|
179
|
145
|
9
|
Thailand
|
135
|
199
|
136
|
10
|
France
|
172
|
97
|
134
|
11
|
Bangladesh
|
107
|
95
|
114
|
12
|
Hong Kong
|
162
|
127
|
106
|
13
|
Spain
|
2,546
|
205
|
66
|
14
|
Others
|
454
|
389
|
339
|
Total
|
7,370
|
4,848
|
4,014 |
Source: CCM
On 21 Dec., Heilongjiang Tianzhao Pig Industry Co., Ltd. (Heilongjiang Tianzhao) received 1,000 head of pigs from France. It is known that the company invested USD45.41 million (RMB300 million) in constructing a pig breeding project (farm) and introduced 1,000 head of pigs for breeding. The farm will produce 20,000 head of pigs including Landrace, Large White, and Duroc every year, which can satisfy annual demand from pig breeding in Heilongjiang Province. It is predicted that the project can create an annual sale and profit of USD45.41 million (RMB300 million) and USD9.08 million (RMB60 million) respectively.
What’s more, concerns in France have arisen, targeting the purchase of farmland by Chinese investors. For example, a Chinese company has acquired hundreds of hectares of cereal-producing farmland in central France in 2017, which has evoked public complaints and sorrows for food security in France.
China is working hard to secure food security by investing worldwide in food production, ensuring a famine like the country experienced in before the 70th that cost a million lives will never repeat again.
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