Canadian Minister of Agriculture and Agri-Food, the Honourable Lawrence MacAulay, is on a 10-day trade mission in China starting from last week. In Beijing, MacAulay met with Han Changfu, China’s Minister of Agriculture, and Zhi Shuping, Minister of the General Administration and Quarantine…Full Article: ECNS.cn Nov 2016

Key Point

  • Canada’s Minister of Agriculture and Agri-Food first visited Qingdao (China Fisheries and Sea Food Expo). The Minister then met with Chinese representatives from Hualian Group (retailer) and COFCO Group (grains). The Minister confirmed the opening of COFCO’s new Winnipeg branch.

ChinaAg Comments

  • In late June 2016, COFCO announced it would open a crop trading office in Winnipeg, central Canada. COFCO’s Winnipeg office will focus on canola (rapeseed), canola oil, canola meal, wheat, barley, and soybeans. In general, Canada harvests these crops from August to October.
  • In May 2016, more than a dozen Chinese and Canadian bakery industry representatives met in Toronto to discuss food and trade relations. According to a Deputy President of the All China Bakery Association, China’s bakery industry is interested in using Canadian wheat, blueberries, and maple syrup as food ingredients.
  • In 2015, Canada exported $2 billion worth canola and $255 worth of beef to China. During the year, Canada’s Minister of International Trade visited China as part of an agri-food trade mission.
  • In June 2015, Agriculture and Agri-Food Canada (AAFC) representatives visited Chongqing, Shanghai and Beijing. During the visit, AAFC signed various deals with China. For instance. AAFC signed an agreement with the Chinese e-commerce site JD.com in Beijing. As a result, JD.com will launch a page dedicated to selling Canadian agri-food and fish and seafood products before the end of 2016.
  • In 2014, agricultural goods accounted for approximately 25% of trade between Canada and China. During that year, China imported 4.3 million MTs of canola seed and 500,000 MTs of canola oil from Canada. During the year, Canada’s Prime Minister visited China as part of a business/trade mission.
  • From 2013 to 2014, mainland Chinese imports of Canadian canola/rapeseed increased from 2.7 million MTs to 4.5 million MTs.
  • In May 2013, a press article noted that Chinese canola importers were looking to increase imports owing to lower foreign prices vis-à-vis domestically subsidized canola.
  • In April 2013, Canada, the world’s largest canola producer, was granted increased access to crushing plants in China. As a result, Canada could export canola to 11 Chinese crushing facilities (capacity of 5.5 million metric tons).
  • Founded in 1993 and headquartered in Beijing, Beijing Hualian Group (BHG) a retail company that operates department stores, supermarkets (grocery stores), and hypermarkets. Founded in 1996, Beijing Hualian Hypermarket (SHA:600361) was listed in Shanghai in 2001. Founded 1996, Beijing Hualian Department Store (SHE:000882) was listed in Shenzhen in 1998.  As of June 2015, Beijing Hualian Group had 144 supermarkets/grocery stores (located in 48 Cities across 22 provinces), 47 ‘BHG’ malls, and one luxury department store in Beijing (known as Shin Kong Place).

Hong Kong Trends

Similar Posts by ChinaAg

Spread the word. Share this post!