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The People’s Republic of China (PRC) will re-start old crop rice auctions for feed use beginning in March 2023 to rotate out older stocks, to provide grain alternatives, and to temper rising feed grain prices.
Corn production in MY2022/23 is revised up slightly based on National Bureau of Statistics data indicating a better harvest in the North China Plain which more than offset smaller yields in the northeast.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: Hong Kong’s International Wine & Spirits Fair Returns; 2023 Economic Turnaround Predicted for Hong Kong; Hongkongers Optimistic About Household Finances But May Still Cut Back Spending
On January 11, 2023, the People’s Republic of China (PRC) National Health Commission (NHC) released an updated Catalog of National Food Safety Standards. The updated list contains 1,478 standards covering food products, additives, quality specifications, testing methods, and production practices. This report provides an unofficial translation of the Catalogue.
On September 20, 2022, the China’s Ministry of Agriculture and Rural Affairs (MARA), the National Health Commission (NHC), and the State Administration for Market Regulation (SAMR) jointly published Announcement No. 594 containing the National Food Safety Standard of Maximum Residue Limits (MRLs) for 41 Veterinary Drugs in Foods (GB 31650.1-2022) and 21 standards of methods for determination of veterinary drug residues.
On January 13, 2023, the Ministry of Agriculture and Rural Affairs (MARA) published a finalized updated “Guideline for Safety Assessment of Genetically Modified Plants.”
After several years of consistent growth, China’s citrus production in marketing year (MY) 2022/23 is expected to remain steady as the market deals with continuing COVID challenges, unfavorable weather, and phytosanitary issues.
The Central Rural Work Conference (CRWC), which was held on December 23-24, 2022, reiterates the existing People’s Republic of China’s (PRC) priorities of ensuring food security and improving grain production capacity.
On January 13, 2023, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of new and renewed biosafety certificates for genetically engineered (GE) events.
China will continue to collect countervailing (CVD) and antidumping (AD) duty duties on imported Distiller’s Dried Grains with or without Solubles (DDGS) from the United States for five more years.
As the United States' sixth-largest export market for food and agricultural products, Taiwan imported almost US $4 billion of food and agricultural products from the US in 2021. This year, 2022, looks to exceed that mark, potentially hitting record imports.
In 2021, COVID-19 control measures severely impacted imported and cold chain food products, while travel restrictions put hotels under significant financial stress. In December 2022, China announced changes to its pandemic response policy, signaling a shift that removes previous restrictions that impacted food and agricultural trade and marketing.