Русский
Russia and China boosted their mutual agricultural trade by 15% in the eight months between January and September this year, the Russian Agriculture Ministry has stated, following discussions between Russian Agriculture Minister Oksana Lut and Chinese Agriculture and Rural Affairs Minister Han Jun.
Russian agricultural exports to China increased by 10% and consisted mostly of sunflower and rapeseed oils, crustaceans, frozen fish, meat, and other products. Lut stated that “”We are interested in further increasing trade turnover and are prepared to significantly boost our exports to China. Russia can offer a wide range of internationally recognized products to Chinese consumers. Our products meet the strictest quality and food safety standards. I am confident that they will help diversify China’s food market and meet growing consumer demand.”
She also noted developing cooperation in the areas of animal and plant breeding and genetics, industrial biotechnology, strengthening interaction in the digitalization of the agro-industrial complex, sharing experiences in rural development and restoration, and improvement of soil fertility.
China has been highly successful in converting previously arid land into productive farmland, especially in its Western regions, which are dominated by deserts. China possesses 20% of the global population but has only 5% of global arable land, meaning food security is a significant issue. Because of this, China has been a net importer of agricultural products since 2004. Today, it imports more of these products—including soybeans, corn, wheat, rice, and dairy products—than any other country. China does, however, export smaller volumes of cereals, vegetable products, and fruits to Russia.
Further Reading
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