Will China not import genetically modified soybeans?

Introduction: will China not import genetically modified soybeans? ] In the face of the continuous oscillation of Liandou in recent days and the all-round trading limit of today's opening, let's not forget that no matter why the short sellers dare to sell at 1900, or where the Holy (capital) is raising a bull trend, no matter what weather, import and export, spot goods, technology and other factors are combined We want to focus on the most concerned issues of the market -- after the closing of the market yesterday afternoon The regulations on the safety management of agricultural genetically modified organisms promulgated by the State Council have been discussed How does the regulations affect the whole long-term market trend in the future? How much is the impact? Let's first analyze the background of this regulation As we all know, China's WTO accession negotiations broke down in February, when China rejected US demands for reducing agricultural subsidies and further opening key markets Now the negotiation on WTO between China and the United States has reached a critical moment, "Robert Zoellick, the US trade representative, said on June 5 that if China wants to join the WTO within this year, it must agree to cut agricultural subsidies and provide more ways for foreign retailers and insurers to enter the Chinese market Zoellick said after a 45 minute meeting in Shanghai with Shi Guangsheng, Minister of foreign trade and economic cooperation of China, that there are still disputes over agricultural subsidies and the licensing of foreign retailers and insurance companies to enter China However, if China wants to join the WTO by the end of the year, it is very important to make concessions in these areas " So, can the promulgation of this regulation add a weight to China's balance in the WTO negotiations between China and the United States? In addition, the issue of genetically modified soybeans has been bothering our futures market Now there is a clear regulation Can we understand that the promulgation of this regulation really restricts the import and export of soybeans in the final analysis? The most favorable excuse for the rise of the market? According to customs statistics, China imported 10.42 million tons of soybeans in 2000, more than double the 4.32 million tons in 1999 This year's soybean market demand is still booming From January to April, the number of Customs imports is 3.18 million tons Now, with the arrival of South American soybeans on board, the number of soybeans imported so far is between 7-8 million tons In the face of strong domestic demand, can we keep high-quality and low price soybeans from the United States and South America? Article 33 of the regulations states: "where an overseas company exports agricultural genetically modified organisms to the people's Republic of China for processing raw materials, it shall submit an application to the competent agricultural administrative department of the State Council; if it meets the following conditions and passes the safety evaluation, the competent agricultural administrative department of the State Council shall issue the safety certificate of agricultural genetically modified organisms: (1) the exporting country or region has been allowed to be used for corresponding purposes and put on the market; (2) the exporting country or region has been proved to be harmless to human beings, animals and plants, microorganisms and ecological environment through scientific tests; (3) it is confirmed that there is no danger to human beings, animals and plants, microorganisms and ecological environment through the inspection of agricultural genetically modified organisms technology testing institutions; (4) there are corresponding safety management and preventive measures " Here we can see three points: 1 China allows the import of genetically modified soybeans, but it must attach a "label" in advance and get a "safety certificate" 2 "Safety certificate" shall be issued by foreign suppliers and domestic institutions 3 There is a maximum of 270 days from the time of application to the time of reply whether to issue "safety certificate" We believe that: 1 It is impossible for China to ban the import of genetically modified soybeans 2 China can control the time and quantity of imported soybeans by issuing "safety certificate" temporarily or later However, this method may be opposed by major exporting countries such as the United States, Brazil and Argentina, so it is unlikely to use this regulation frequently 3 If China does not import genetically modified soybeans or the import volume is insufficient, it will be fatal to China's domestic feed market and vegetable oil market, to the people's vegetable basket, to China's vibrant oil seed processing industry, and to the steady development of the national economy 4 Europe and Japan implemented the soybean labeling system as early as two years ago Their system did not prevent the import of genetically modified soybeans to their own countries I believe that China's policies will play a similar role in this kind of goods, and consumers can choose their own China feed industry information network H2Q