Browse Data and Analysis

On November 15, the People’s Republic of China (PRC) Ministry of Finance and the State Administration of Taxation announced that, effective December 1, the 13 percent export tax rebate for used cooking oil (UCO) under HS code 151800 would be eliminated.

On October 25, 2024 the Ministry of Agriculture and Rural Affairs (MARA) of the People’s Republic of China (PRC) published a National Smart Agriculture Action Plan (2024-2028) (hereafter “Action Plan”).

On October 18, 2024, China notified National Food Safety Standard for Sterilized Milk Amendment No. 1 to the World Trade Organization (WTO) under G/SPS/N/CHN/1322.

Biodiesel production is expected to remain flat in Malaysia at 1.58 billion liters, as the country is likely to remain at a B10 blend rate as B20 and B30 mandate goals have not advanced.

The People's Republic of China (PRC) continues to advance its agricultural biotechnology system for commercial cultivation of domestically-developed genetically engineered (GE) food and feed crops, specifically corn and soybeans.

On October 18, 2024, China notified National Food Safety Standard for Maximum Levels of Contaminants in Food Amendment No. 2 to the World Trade Organization (WTO) under G/SPS/N/CHN/1321.

The United States has become a leading supplier of beef products to China since its reentry into the market in 2017. This report reviews the development of the beef market, analyzes prospects, discusses potential opportunities, and examines in detail the distribution channels of beef products in the China market.

Soybean production for MY 24/25 is forecast slightly up at 19.9 million metric tons (MMT) based on higher yield and a planted area of 9.95 million hectares (Mha).

Post estimates China’s production of apples, pears, and table grapes to increase moderately to 48 MMT, 20.2 MMT, and 14.2 MMT, respectively, in MY 2024/25. Substituted by domestic counterparts, grape imports are expected to further decline.

There have been no major changes to Malaysia's biotechnology regulations in the past year. The country continues to review its Biosafety Act, including how it will regulate gene edited products in the future. Malaysia currently has 61 genetically engineered (GE) products approved for import.

The General Administration of Customs of the People’s Republic of China (GACC) Department of Animal and Plant Quarantine (DAPQ) has expanded the list of commodities that require export facility registration.

On December 27, 2023, China issued Guidelines to Comprehensively Promote the Development of a “Beautiful China.” The guidelines propose several goals, tasks, and reforms for building a beautiful China between 2027 and 2035.