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Australia has been a world powerhouse of high-quality wool production and exports for over 150 years. The industry now exports around 323,000 metric tons (MT) of wool valued at about US$2.3 billion - more than any other wool exporter.
On October 30, 2022, the People's Republic of China (PRC) National People's Congress (NPC) Standing Committee issued the revised Animal Husbandry Law of the PRC.