March 2021

The Agriculture Spotlight - China is provided by the Iowa Economic Development Authority's (IEDA) office in China, which is operated by Tractus Asia, Ltd. The summarized content is derived from readily available media sources and government reports from China outlets and other sources outside of China. For more information on how to utilize the services offered by IEDA's China office, please contact Joseph Rude (commercial trade) at [email protected] or Brad Frisvold (agricultural trade) at [email protected].

News Deserts, forests and "green GDP": What Xi discusses with fellow lawmakers The 13th National People's Congress kicked off its fourth session this week, unveiling a draft of China's modernization plan for the next 15 years, in which "green development" is highlighted as a priority. – Read More

Develop agriculture and rural areas as a priority and promote rural revitalization Content includes the path of socialist rural revitalization, implementing the rural revitalization strategy, strengthening industry to support agriculture and urban areas to support rural areas, and plans to accelerate the modernization of agriculture and rural areas. – Read More (Original article in Chinese, use Chrome browser to translate the content)

Agricultural technology innovation is an important part of rural revitalization A focus on innovation-driven development and finding new advantages to keep the leading position in agriculture and consolidate rural revitalization. – Read More (Original article in Chinese, use Chrome browser to translate the content)

Ministry provides boost to GMOs China will further promote and regulate the innovation, research and development, and application of agricultural genetically modified organisms, the Ministry of Agriculture and Rural Affairs said recently. – Read More

Machinery makers eye sustainable growth in 2021-25 period The restorative investment and construction projects planned and conducted during China's 14th Five-Year Plan period (2021-25) will create growth momentum, and further spur the structural adjustment and industrial upgrading of China's machinery manufacturing sector, said senior industry officials. – Read More

Digital technologies key to modernization of farm ecosystem Farmers play a vital role in the global community because their hard work and dedication produce the food and other necessities that we all need, according to Chinese sources. – Read More

NDRC head voices confidence in China's economy backed by key indicators China's economy has been stable and improved since the fourth quarter of last year, , director of the National Development and Reform Commission (NDRC) said recently, adding that the country's exports in January and February should have risen more than 50 percent year-on-year. – Read More

China urges high-quality 'dual circulation', manufacturing highlighted China will ramp up efforts to pursue high-quality development of "dual circulation", especially to keep the manufacturing sector's share of the economy stable, according to ministers of China. – Read More

China reports two outbreaks of African swine fever China reported outbreaks of African swine fever in two provinces, the Ministry of Agriculture and Rural Affairs said in a recent statement. – Read More

China to intensify crackdown on fake swine fever vaccines China will intensify crackdown on illegal production and sales of fake African swine fever vaccines as the country tries to fight the resurgence of the virus, according to a statement issued by the Ministry of Agriculture and Rural Affairs. – Read More

Central China's Henan Province lays out plans to vitalize rural areas Over the past five years in the 13th Five-Year Plan period, central China's Henan Province has helped guarantee food security for the entire country and explored new ways to grow its economy. – Read More

Page 2

Laws, Regulations and Policies : Rural revitalization strategy to consolidate poverty alleviation Delivering his report on the government work at the fourth session of the 13th National People's Congress (NPC) at the Great Hall of the People, Li said China will consolidate and expand its achievements in poverty alleviation with efforts to promote rural revitalization. – Read More

Top legislature to work on food security law Making a law guaranteeing food security has been put on the work agenda this year of the Standing Committee of National People's Congress, China's top legislature, a senior legislator said. – Read More

The Ministry of Agriculture and Rural Affairs have worked out action plans for seed industry To ensure food security, China's seed supply can meet local demand, and foreign-invested enterprises and import seed account for 3% and 1% respectively. There is huge difference from developed countries, so China is setting a seed plan to develop. – Read More (Original article in Chinese, use Chrome browser to translate the content)

Ministers' Corridor: China to continue tax and fee cuts in 2021, says finance minister China will continue to implement tax cuts and fee reductions policy and further bolster small businesses in 2021, Chinese Finance Minister Kun said at the Ministers' Corridor after the opening meeting of the fourth session of the 13th National People's Congress (NPC) in on Friday. – Read More

China's foreign-investment law aids capital inflow amid the pandemic The implementation of China's foreign-investment law has optimized the business environment and effectively guaranteed the country's utilization of foreign capital amid the COVID-19 headwinds, a spokesperson has said. – Read More

Page 3

Statistics Market Price of Major Agricultural Products in Circulation, February 18-28, 2021 Price Change over Current Price Previous Products Units ± Rate (%) (CNY) Period (Dec 11-20, 2020, CNY) Rice ton 4099.5 0.0 0.0 (Japonica Rice) Wheat (Third-Class of National ton 2546.8 -0.5 0.0 Standard) Corn (Second-Class of Yellow ton 2908.2 28.4 1.0 Corn) Cotton (Ginned Cotton, Third- ton 16517.2 532.7 3.3 Class of White Cotton) Live Pig (External Triple kg 27.4 -2.5 -8.4 Crossbreed) Soybean ton 5381.3 24.6 0.5 Soybean Meal (Crude Protein ton 3795.4 -4.9 -0.1 Content≥43%) Peanut ton 9675.0 0.0 0.0 (Oil Peanut) Urea ton 2227.3 6.5 0.3 (Small Granule) Compound Fertilizer (Compound Fertilizer of ton 2377.5 83.7 3.6 Potassium Sulfate) Pesticide (Glyphosate, 95% ton 29400.0 0.0 0.0 Technical Material) Source: National Bureau of Statistics of China, updated on March 5, 2021

Page 4