China will not close the door of agricultural opening-up

0 Comment(s)Print E-mail Xinhua, August 11, 2018
Adjust font size:
Han Jun, deputy director of the office of the central agricultural work leading group and vice minister of agriculture and rural affairs. [Photo/Xinhua]

China will remain committed to opening-up its agricultural industries despite trade tensions with the United States, a senior Chinese official said, adding that tariffs will only have a limited impact on the country's markets.

"China's diversified sources of imports from a wide range of overseas markets will ensure its countermeasures against U.S. tariffs will only have a limited influence on the domestic market," said Han Jun, deputy director of the office of the central agricultural work leading group and vice minister of agriculture and rural affairs, during a press briefing Thursday.

The government will work to minimize the impacts on industrial production and people's everyday life, Han said.

The vice minister's remarks came on the heel of an escalation of a U.S.-ignited trade war. Among rising tariffs against a wide range of goods traded in both directions, China introduced extra levies on more than 900 U.S. agricultural product lines, including soybeans, grains, cotton, and meat, which make up nearly 90 percent of U.S. farm exports to China.

"China is not willing to engage in a trade war but was forced to implement necessary countermeasures in response to the U.S. moves," Han said, noting the country's tariffs, put forward after extensive public input and a careful assessment on the impact, are "rational and restrained."

The impact on U.S. agriculture is foreseeable.

"American farmers are likely to lose the Chinese market that they have worked for decades to explore, despite the agricultural subsidies worth up to 12 billion U.S. dollars announced by the White House and U.S. Department of Agriculture," Han said.

Soybeans, the most important agricultural product in the bilateral trade, are at the forefront of this trade war.

The U.S. is expected to export more than 30 million tonnes of soybeans to China this year, according to a previous forecast, but this number is now unlikely to materialize, as Chinese companies have largely stopped purchasing U.S. soybeans after an additional 25-percent duty took effect on July 6.

A hearing by the U.S. House of Representatives on July 19 reflected the concerns of farmers and agri-business groups about the scenario of a shrinking market share in China. After the soybean season begins in October, the sector will face a worsening situation that features falling prices, increasing export pressure and a long export cycle.

The United States exports about half of its annual soybean production, around 100 million tonnes.

In a fiercely-competitive Chinese market, soybean producers from other countries will occupy the market share that belonged to U.S. farmers if trade frictions continue to worsen, Han said.

Han cited remarks of Brazilian Agriculture Minister Blairo Maggi that the South American country is capable of doubling the cultivated area of soybeans.

"Many countries have the will and ability to replace the U.S. presence in the Chinese agricultural market. If other countries become reliable suppliers to China, it will be difficult for the United States to regain the position." Han said.

China is capable of dealing with the gap left by dropping soybean imports from the United States, Han said.

With limited arable land resources, it is hard for China to ensure the sufficient supply of land-intensive products including soybeans after securing enough staple grains like rice and wheat. The country relies on global markets to fill its 90 million tonne soybean demand each year.

China has made thorough preparations to prevent the impacts on domestic food prices, Han said, citing responding measures including seeking new sources, reducing the use of soymeal in animal feed, buying substitutes, and raise domestic soybean production capacity.

Despite the trade frictions, Han stressed China would promote the opening-up of the agricultural sector in an active, steady and orderly manner, with more imports from the global markets. "It is China's established policy to actively expand agriculture imports."

China has become the largest importer of agricultural products worldwide and the second largest agricultural trading nation. The country is the world's biggest buyer of soybeans, sugar, and cotton.

In fact, China and the United States are highly-complementary in agricultural trade and strengthened cooperation in the area would be beneficial to the agriculture of both sides, Han said.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 精品国产a∨无码一区二区三区 | 中文国产成人精品久久不卡| 最近最新中文字幕完整版免费高清| 国产精品线在线精品| 久久影院秋霞理论| 欧美性受一区二区三区| 亚洲美女综合网| 精品亚洲aⅴ在线观看| 国产91青青成人a在线| 2019国产麻豆剧传媒视| 成人毛片免费观看| 久久国产精品2020盗摄| 最近中文字幕2019| 亚洲久热无码av中文字幕| 秋霞鲁丝片一区二区三区| 国产成人精品视频一区二区不卡| 7777奇米四色成人眼影| 夜夜添狠狠添高潮出水| √天堂中文官网在线| 日韩电影中文字幕| 亚洲午夜久久久久久久久电影网 | 把她抵在洗手台挺进撞击视频| 亚洲国产欧美另类va在线观看 | 久久九九精品国产综合喷水| 曰本女同互慰高清在线观看| 亚洲人成色77777| 欧美日韩一区二区三区在线观看视频 | 免费看美女脱衣服| 精品国产福利一区二区| 品色堂永久免费| 美女让男人桶出水的网站| 四虎永久免费观看| 欧美精品www| 在公交车上弄到高c了公交车视频| www国产91| 好爽好黄的视频| jizz日本黄色| 攵女yin乱合集高h文| 久久丫精品国产亚洲AV| 日本一区二区三区在线看| 久久99精品国产麻豆宅宅|