China Agri News Week 9&10, 2021

This is the news overview of week 9&10 from the agricultural team of the Netherlands Embassy in Beijing. It is about a symposium of experts on preparing the 14th Five-Year Plan for agricultural and rural development, about Pinduoduo Inc., China’s largest agriculture platform, including other short news.

Experts on 14th Five-Year Plan Convened in MARA

Tang Renjian, Minister of Agriculture and Rural Affairs of China, presided over a symposium of experts on March 1 and listened to their views and suggestions on preparing the 14th Five-Year Plan for agricultural and rural development. 

It was pointed out at the meeting that agricultural and rural development would be entering a new era during the 14th Five-Year plan period. Efforts must be made to seize the opportunities and address the challenges. 

First, it’s necessary to give full play to the role of experts and think tanks. Many rural development issues need to be studied and resolved.

Second, it’s necessary to prepare a high-quality 14th Five-Year Plan for agricultural and rural development. It is all the more important to develop plans for agricultural and rural modernization, plans for sectors including crop production, animal husbandry, fisheries and seed industries and plans for building food storage and preservation facilities and cold chain logistics.

Third, it’s necessary to conduct in-depth studies on major issues concerning agriculture and rural affairs. Policy research will be centered on expanding the connotations of agricultural and rural modernization, ensuring the supply of grain and key agricultural products, implementing the action plan for rural construction, deepening rural reform, and promoting urban-rural integration, so as to support decision-making in the modernization process.

Source: MARA website

Pinduoduo doubles agricultural GMV

, doubled the value of agricultural orders it handled last year, exceeding the company’s earlier stimate as the pandemic pushed more people to order food and groceries online.

The Nasdaq-listed company recorded more than 270 billion yuan ($42 billion) in agriculture-related GMV in 2020, up from 136 billion yuan in 2019. The firm had said last December it was on track to hit 250 billion yuan in GMV for the category.

Source: ChemLinked


Short News

  • The demand for fresh cut flowers on March 8 International Women’s Day has increased greatly. Beijing News reporter visited Beijing flower wholesale market and learned that the prices of carnations and roses have risen sharply. The price of a bunch of carnations is 20 yuan on weekdays, but it reached to 40 yuan averagely on March 8. The price of a rose raised up to five times, some retail florists sold a carnation for 15 yuan on March 8. Source: BJ news