Browse Data and Analysis

Report Highlights: China’s Hotel, Restaurant, and Institutional (HRI) sectors recorded $687 billion in sales revenue in 2019, a 9 percent increase from the previous year.

In June 2020, China’s central government announced its economic masterplan to develop the south China island of Hainan into a Free Trade Port (FTP).

China’s pet food market is experiencing phenomenal growth that is expected to continue into the future.

China’s MY2020/21 fresh potato production is forecast at 99 million metric tons (MMT), a 3 percent increase over MY2019/20 primarily due to expanded acreage.

China’s retail sector continues to grow to new highs as the number of middle-class consumers keeps growing.

The forecast for China’s corn imports for Marketing Year (MY) 2020/2021 is increased from 7 million metric tons (MMT) to 22 MMT.

Thailand’s sugar syrup exports to China increased more than twelvefold by volume in the first eight months of 2020 when compared to the same period in 2019.

Virtual business engagements have taken on new importance in 2020.

China’s apple and pear production is forecast at 40.5 MMT and 16 MMT, respectively, in MY 2020/21, due largely to frost damage during flowering.

China’s soybean imports are forecast to fall to 95 million metric tons (MMT) in marketing year (MY) 20/21 due to excessive beginning stocks following a buying spree in MY19/20.

In 2019, there have been no revisions or amendments to China’s regulatory approval process for agriculture biotechnology.

On February 21, 2020, the State Council Customs Tariff Commission (SCCTC) announced two tariff exclusion lists for certain U.S. products subject to Section 301 retaliatory duties.