{"id":7971,"date":"2021-10-27T17:19:38","date_gmt":"2021-10-27T17:19:38","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=7971"},"modified":"2021-10-27T15:58:47","modified_gmt":"2021-10-27T15:58:47","slug":"china-agricultural-service-firms-eye-overseas-market-china-daily","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily","title":{"rendered":"China agricultural service firms eye overseas market \u2013 China Daily"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Trade in agricultural services will become a fresh growth point for [China\u2019s] domestic companies to invest in related projects abroad, as well as help ensure the world\u2019s food supply going forward, said government officials on Tuesday.<\/p>\n<p>The global agricultural products market has been challenged by hindered international circulation, volatile trade policies and increased labor shortages since the outbreak of COVID-19, said Peng Yanjun, deputy director-general of the department of international cooperation at the Ministry of Agriculture and Rural Affairs.<\/p>\n<p>To tackle these issues, the official said that promoting high-quality growth of China\u2019s trade in agricultural products requires industry players to focus on trade in agricultural services and build an advanced domestic base for business of this kind.<\/p>\n<p>From the perspective of the industrial chain, the import and export of agricultural services can occur in the areas of production, processing, research and development, packaging, storage and transportation, marketing and retail.<\/p>\n<p>Because the increasingly complex international investment environment has presented more difficulties for domestic companies to pursue \u201cgoing global\u201d strategies, Peng said, trade in agricultural services is a practical option to meet Chinese firms\u2019 demand to invest in overseas agricultural projects.<\/p>\n<p>By providing full-process solutions for agricultural production in other parts of the world, this move will drive China\u2019s products, funds and technologies to be used overseas and expand the supply of staple foods as well as promote the upgrading of agricultural production in host countries, Peng added.<\/p>\n<p>For example, China Railway 20th Bureau Group Corp, or CR20G\uff0da subsidiary of State-owned China Railway Construction Corp Ltd\uff0dhas helped farmers in its markets in Mozambique and other African nations achieve stable and high yields by introducing China\u2019s practical agricultural technologies, conducting related services and applying modern machinery for more than half a decade.<\/p>\n<p>Backed by the China-Africa Development Fund, CR20G built a rice processing plant in Xai-Xai, capital of Gaza province, Mozambique, in 2017. The company has been running this project, China\u2019s largest rice planting project on the continent, for more than four years.<\/p>\n<p>By the end of June, the project completed harvesting rice for the 2020-21 planting season, with a harvested area of 36,000 mu (2,400 hectares), yielding 16,600 metric tons of rice. All of the rice from the harvest has been sold in local markets, said Guo Wei, CR20G\u2019s country head for Mozambique operations.<\/p>\n<p>Zhang Jianping, director-general of the China Center for Regional Economic Cooperation in Beijing, said China\u2019s growing outbound direct investment in high-end manufacturing, agriculture, digital and innovation businesses is likely to lead a new round of \u201cgoing global \u201cfor domestic companies.<\/p>\n<p>This will provide opportunities for other countries to enhance ties with China and increase their ability to avoid risk as the country has ensured the smooth operation of the global supply chain, Zhang said.<\/p>\n<p>Nie Fengying, deputy director of the Agricultural Information Institute of Beijing-based Chinese Academy of Agricultural Sciences, said that based on the institute\u2019s latest study, both the output and consumption of various grain and livestock products in China will continue to increase over the next 15 years.<\/p>\n<p>\u201cChina\u2019s imports of rice, soybeans, beef and dairy products will grow during this period, while imports of wheat, corn, pork and poultry will decline,\u201d said Nie, adding that the country is fully capable of ensuring absolute safety of rations and basic self-sufficiency in staple grains and pork throughout this period.<\/p>\n<p>China saw imports of agricultural products surge 12.3 percent to 1.07 trillion yuan ($167.67 billion) in the first three quarters, including 160.79 billion yuan worth of meat and 102.08 billion yuan worth of grain, said the General Administration of Customs.<\/p>\n<p><b>By<\/b><\/p>\n<p>Zhong Nan<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Trade in agricultural services will become a fresh growth point for [China\u2019s] domestic companies to invest in related projects abroad, as well as help ensure the world\u2019s food supply going forward, said government officials on Tuesday. The global agricultural products market has been challenged by hindered international circulation, volatile trade policies and [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":7970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-7971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>China agricultural service firms eye overseas market \u2013 China Daily - Mozambique<\/title>\n<meta name=\"description\" content=\"Trade in agricultural services will become a fresh growth point for [China\u2019s] domestic companies to invest in related pr ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China agricultural service firms eye overseas market \u2013 China Daily\" \/>\n<meta property=\"og:description\" content=\"Trade in agricultural services will become a fresh growth point for [China\u2019s] domestic companies to invest in related pr ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-27T17:19:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/10\/img-6179772166daf.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"China agricultural service firms eye overseas market \u2013 China Daily\",\"datePublished\":\"2021-10-27T17:19:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily\"},\"wordCount\":621,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2021\/10\/img-6179772166daf.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/china-agricultural-service-firms-eye-overseas-market-china-daily\",\"name\":\"China agricultural service firms eye overseas market \u2013 China Daily - 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