China, the world’s largest rice producer and importer, plans to start importing rice from South Korea and the U.S. in early 2016. The grain has long been a staple of Chinese diets, and the country’s gigantic market offers a great opportunity to foreign exporters. Experts attributed the large amount of imports to the low cost and high quality of imported rice. They advised that China needs to make its agricultural production more advanced if it wants its rice industry to become more competitive. A salesman at a supermarket in Chaoyang district in Beijing spent part of Monday sorting more than 100 packages of imported rice at the sales counter…Full Article: ECNS.cn Feb 2016
- From 2011 to 2015, Chinese rice imports increased from 569,000 MTs to 3.35 million MTs. China’s top rice suppliers include Vietnam, Thailand, Myanmar, Pakistan, and Cambodia.
- In December 2015, China imported its first shipment of Laotian rice.
- In March 2015, China’s National Development and Reform Commission (NDRC) granted permission to Hunan’s Xuanye (Lao) to export Laotian rice to China (quota of 8,000 MTs). The company was the first and only enterprise granted permission to export Laotian rice to China.
- In 2014, China banned Burmese rice imports in order to institute new safety and quality control regulations. According to Chit Khaing, Chairman of the Myanmar Rice Federation, China will begin importing (legal) rice in January 2015. According to the article, China will import at least 1 million MTs of Burmese rice (US$400 per MT) in 2015.
- In 2012 and 2013, China purchased more than 1.6 million MTs of rice per year from Vietnam and roughly 500,000 MTs per year from Pakistan. The vast majority of these imports (80% by volume) were funneled in via the southern Chinese ports of Shenzhen, Huangpu, and Hong Kong.