Chinese food market rises – and also food prices

chinese food

Not long ago, the import quotaón in the Chinese food market was very low (4% on 2007). Pen la the situationón changes very ráI ask. The purchasing power of the populationón china soars along with appetite for imported food and drink. The import volumeón is so large that it has a direct influence on world food prices.

Agriculture remains China's vital industry, but its exit from productionón cannot meet the growing demand. Local agriculture was severely affected by the development of the industry – vast spaces of área agrítail were contaminated, water scarcity tooén translates into the abandonment of más fields that little by little become a desert. In the meantime, the annual growth rate of the food industryón is from 15%, meat consumption has increased and, además, rich chinese are aún más fans of foreign products, including wines, a psalmóno and chocolate.

The pork industry is a good example of the expansionóglobal no of china. Pork plays the central role in Chinese cuisine and is eaten in almost all parts of China. (not including the lands of two minorídistinctive Muslim aces: House y uigures), Many parts of the pig, in other places treated as waste, are processed and consumed. In September of 2013, The Chinese group Shuanghui has bought the largest pork producer and processor in the US., Smithfield Foods Inc. is the biggest acquisitionón China from a US company to día. This transacóno helpó to secure China's pork supplies and helpedó to Shuanghui to reinforce its positionón in the local market as the food producer “This transaction helped secure China's pork supplies and helped Shuanghui to strengthen its position in the local market as the leading food producer.”.

The Chinese food industry has a long history of escáAndals related to food safety, such as the scáandal of contaminated milk in 2007. It's not extrañar Chinese institutions emphasize food safety and China has a policyícustom tic very ríhome. But once the necessary documents are obtained, we can take the opportunity to import our food products from China – and it can be the beginning of a very profitable company.


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