China has some of the world’s toughest regulations on the import of genetically-modified (GM) products. Its review process for new biotech crops is slow and strict, and over the years, many global biotech companies eager to export their products to China have complained that by setting tough barriers for GM crops, the country is delaying the commercialization of these products and stymieing international trade…Full Article: ECNS.cn May 2017
- In the past, China has approved the importation of new GM crop traits including 20 in 2014, 16 in 2015, and only 1 (Bayer FG72, soybean) in 2016.
- China permits the importation of a variety of GM crops including corn (approved suppliers include DuPont, Monsanto, Syngenta), soybeans (BASF, Bayer, DuPont, Monsanto), canola/rapeseed (Bayer, Monsanto), and cotton (Bayer, Monsanto, Syngenta).
- In January 2017, researchers from the China Association for Science and Technology (CAST) published a list debunking commonly held myths relating to GM crops. During the same month, Beijing’s Origin Agritech and DuPont Pioneer signed an agreement relating to seed technology. Under the agreement, Origin Agritech will be given access to DuPont Pioneer’s non-GM corn seed products.
- In December 2016, Heilongjiang Province passed a regulation to ban GM crop cultivation (slated to take effect in May 2017).
- In November 2016, China’s Ministry of Agriculture announced it would permit experimental GM crop cultivation on the southern portion of Hainan Island (i.e. Sanya, Lingshui, and Ledong).
- In August 2016, CFIUS approved of ChemChina’s acquisition of Syngenta.
- In February 2016, ChemChina announced it would acquire Syngenta for US$43 billion. However the deal would have to clear the CFIUS review process before the acquisition can be completed.
- In August 2009, China’s Ministry of Agriculture (MOA) issued safety certificates for the university’s two GM rice varieties (Shanyou 63 and Huahui-1/TT51-1) in Hubei Province and for Origin Agritech’s GM corn variety (BVLA430101) in Shandong Province.
- In 2001, a hybrid corn seed joint-venture, CNSGC-Dekalb Seed, was formed by Monsanto Far East and Sinochem’s China National Seed Group Corporation (CNSGC).
- In 2000, Bayer CropScience (China) Company Limited was established.
- In 1997, DuPont Pioneer established a representative office in China. A year later, they established a Corn Research Center near Tieling City, Liaoning Province.
Hong Kong Trends