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China's gross domestic product (GDP) registered a year-on-year increase of 10.3 percent reaching 39.79 trillion Yuan (approximately 6.04 trillion US dollars) over the course of 2010. The inflation rate stood at 3.3 percent for the full year. China continues the way of High Growth and Low Inflation. Meanwhile, stabilizing |
prices for agricultural products became a society focus in 2010, because food prices rose by 7.2% overall. Easy monetary policy and rising cost make agricultural products have to increase in 2010. In the long-term, limited resources, population immigration, consumption upgrade and cost rise etc., will cause the prices for agricultural products rising in next ten to fifteen years. How long could the way of High Growth and Low Inflation last...
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The year of 2010 is unusual to Chinese edible oil market. The stable prices suddenly soared with material prices rise and are predicted to go up steadily in 2011.In the first half of 2010, Chinese domestic edible oil manufacturers suffered profit loss, in particular, a number of manufacturers in northeast shut down. Until to July-August, the manufacturers began to recover with domestic prices for soy oil and soy bean meal increasing...
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During the 2009/10 crushing season, sugar production dropped significantly and sugar prices continued to rise. International sugar prices also rose sharply because of all the main producing countries suffering from different climatic disasters which caused sugar output cut. From October 2010, making the main sugar futures contract prices exceeded RMB7,500/mt and Nanning spot price even reaching up to RMB7600/mt; Since then, in the case of the state throwing sugar storage and the international price declining quickly, sugar price went down...
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In 2010, Chinese livestock industry changed dramatically. Hog supply returned from excessive to balance. Long-time loss stopped to high profit along with the number of hogs and sows falling. The profit for broiler-raising was reducing. The number of layer chicken continued to fall with the profits rise. Beef cattle-raising started recovering gradually. And the number of sheep has nearly returned to the original level.Compared to 2009, the production of eggs and beef decreased slightly. Pork production unchanged and lamb meat increased. In detail...
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Chinese soft drink industry is at a rapid growth stage in 2010. The industry expansion was speeding up. The gross assets reached about 230 billion Yuan increased by 18% on a year-on-year basis. The total production was 91.54 million MT in January to November 2010, up by 17%. The production of fruit & vegetable juice and refined tea drinks continued rapid increase, by 30% approximately; packed water production increased by 20%; but the increase of carbonated drinks production slowed down compared to the same period of last year. With rapid growth...
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key words :China agriculture, 2010 Review, 2011 Prospect
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Our heart sounds in 2010 II
The year 2010 just pasted. Facing natural disaster, agricultural prices rise, global economy recovering and other favorable environment and adverse influence in both domestic and foreign market, Chinese agriculture and food industry experienced a lot of twist and turns, also ups and downs. Perhaps everyone working in the industry has unforgettable stories in the year. After review success and failures in 2010, how do we sail out for a new journey in 2011? We invited several representative people to share their thoughts with the readers... |
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In fewer than seven years, ChemChina* has managed to become China’s largest chemical conglomerate (as well as a major investor in France). And its president, Ren Jianxin, hasn’t been shy about sharing his company’s strategy either, which is that growth at ChemChina will come from overseas mergers and acquisitions...
“Chinese agricultural chemical companies prefer the countries rich of resources but have poor infrastructures, such as southeast Asia and central Asia or the countries fully developed but lack funds and labour, such as Australia,” Xu Hongzhi, a senior analyst at Beijing Orient Agribusiness Consultant, told FT Tilt...
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