One event of the 7th China Agricultural Trade Fair (CATF)
China Agricultural Investment and Trade Forum
Sep. 9, 2009
Changchun International Conference Exhibition Center Hotel, No. 9 Meeting Room, Changchun, Jilin Province, China
Sponsors:
Ministry of Agriculture of the People’s Republic of China
The People’s Government of Jilin Province
Changchun Municipal Government
Co-organizers:
National Development and Reform Commission
Ministry of Finance
Ministry of Commerce
China General Customs Administration
State Administration of Quality Supervision, Inspection and Quarantine (AQSIQ)
National Supply and Marketing Cooperative General Agency
China Council for the Promotion of International Trade (CCPIT)
Organizer:
Beijing Orient Agribusiness Consultant Ltd.
Tel: 010-64402735 64403285 64402118 Fax: 010-64402039
Website: www.boabc.com E-mail: cathy.du@boabc.com boabc.md@gmail.com
Media Support : People’s Daily / Economic Daily / China Central TV Station / Xinhua News Agency / China Economic Times / Farmer’s Daily / The Economic Observer / China Business Post / 21st Century Economic Report / China Daily / Central Agriculture TV Channel, other print media and various agricul­ture-related websites
China Agricultural Investment and Trade Forum
Dear Sir/Madame,
We sincerely invite you to attend the “China Agricultural Investment and Trade Forum”, which is sponsored by the Ministry of Agriculture of the People’s Republic of China, The People’s Government of Jilin Province and Changchun Municipal Government, and orga­nized by Beijing Orient Agribusiness Consultant Ltd. The Forum shall be held in Changchun City of Jilin Province on September 9, 2009.
In recent years, the CPC Central Committee and the State Council have taken the Scientific Outlook on Development as the guideline for economic and social development, and have adopted a number of primary policies to support agriculture and farmers in accordance with the requirement of balancing urban and rural development. Various places and departments have earnestly implemented the policy of the Central Government, strengthened work related to ‘agriculture, rural areas and farmers’, and both agriculture and rural development have seen positive changes and ushered in new development opportunities. However it should be noticed that the current agricultural and rural development are still at a difficult stage of slope climbing, the agricultural infrastructure is fragile, the rural social development is backward, the contradiction of expanding gap of income between urban and rural residents is still prom­inent, and to address the issues related to ‘agriculture, rural areas and farmers’ properly is still the primary and huge historical task in vertical integration of agri-related industries and in the process of urbanization.
The ‘Circular of the CPC Central Committee and the State Council on Promotion of Stable Agricultural Development and Constant Rising of Farmers’ Income in 2009’, issued on February 1, 2009, has a significant meaning for rural work in 2009. The biggest potential for enlargement of domestic need is the rural areas; the foundational support for steady and rapid growth of the company is agriculture; and the priority and the difficulty for guarantee­ing and improving livelihood is farmers. The Circular has the following contents: to strengthen support and protection of agriculture; to steadily develop agricultural production; to strengthen material support and service system for modern farming; to steadily optimize the rural basic operational system; and to promote integration of urban and rural economic and social devel­opment.
To implement the guidelines and policies related to ‘agriculture, rural areas and farmers’
Tel: 010-64402735 64403285 64402118 Fax: 010-64402039
Website: www.boabc.com E-mail: cathy.du@boabc.com boabc.md@gmail.com
and new countryside construction, the Ministry of Agriculture held relevant working confer­ences many times and clearly brought forward the following opinions: to take the develop­ment of modern farming and construction of new countryside as the central task, to adhere to the road of agricultural modernization with Chinese characteristics, to take maintaining steady and rapid development of agriculture and rural economy as the priority, to protect price and to promote production, to stabilize food supply, to raise income and to expand domestic de­mand, to increase investment and consolidate foundation, to facilitate stable development of grain production by all means and to guarantee efficient supply of produce, to create oppor­tunities to raise farmers’ income by all means and to promote constant rising of income of farmers, and to consolidate and develop the positive trend of agriculture and rural economy.
It is foreseeable the CPC Central Committee and the State Council shall accord more atten­tion and support to agriculture and rural development in policy, and agriculture in China shall enter a new historical development stage.
New features of agricultural development in China, investment in agriculture is heating up
Agricultural development has witnessed new features in late years, especially the vertical in­tegration of agri-related industries has seen positive development. The National Agricultural Industrialization Office authorized 151 national key leading enterprises in agricultural indus­trialization in 2000, and authorized another 235 in 2003. ‘The achievement of agricultural and rural economic development has been significant in recent years, but there has not been thorough change to the weak agricultural foundation or the backwardness of rural develop­ment’, Mr. Sun Zhengcai, Minister of Agriculture stated. Agriculture is still the weakest link of the whole national economy, whereas there are new phenomena, new issues, new tasks and new requirements.
Agricultural investment has been heating up and there are many popular investment fields such as the dairy industry, grass industry, flower industry, green food, foreign-exchange generation farming and agriculture with special characteristics. Lots of foreign and Chinese investors have entered theses fields in different ways, whereas more investors are looking for agricultural investment opportunities. Alongside further preference of agricultural and rural policy from the Central Government, to invest in agriculture would become the choice of more foreign and Chinese enterprises.
China Agricultural Investment and Trade Forum
Tel: 010-64402735 64403285 64402118 Fax: 010-64402039
Website: www.boabc.com E-mail: cathy.du@boabc.com boabc.md@gmail.com
Insufficient foreign investment in agriculture in China, both investment methods and means should improve
A study shows FDI in agriculture has hit 12 billion US dollars to date, and the aggregate quantity of projects is more than 10,000. However the opening up of agriculture is backward compared with the overall opening up status of the nation. Only 2.5% of the foreign invest­ment is larger than 12 billion US dollars FDI in agriculture, and the amount of 10,000 projects only account for 3.5% of the total foreign-invested projects. This ratio is smaller than expec­tation; compared with that the FDI in the primary industry makes up 20% of the direct invest­ment in all industries in the world, the scale of the utilization of foreign investment in agricul­ture in China is insufficient.
From the perspective of domestic investment, there are not many Chinese agricultural enter­prises that use modern capital operational means, for example getting listed, risk investment or equity financing. Also, investment in agriculture is not as active as in other industries owing to the multiple restraints such as comparative efficiency or environment.
Trillions of yuan locked for investment in people’s livelihood, with emphasis on issues of agriculture, rural areas and farmers
To offset strikes from the world financial crisis, the State Council launched ten major initia­tives at the end of year 2008 to stimulate domestic demands and promote economic growth, with contingency funding of 100 billion yuan from the central government for investments. Compared with measures to deal with the Asian financial crisis in late 1990s, the investment projects this time have both traditional projects, i.e. infrastructure projects in the weak sectors of national economy, and new projects to address issues in the livelihood of the people.
It is an important part of the people’s livelihood to provide more support to issues of agri­culture, the rural areas and farmers and address earnestly prominent issues in rural develop­ment. In keeping with relevant arrangements of the CPC Central Committee and the State Council, to step up construction of rural safe drinking water projects, out of the newly-added finding of 100 billion yuan this time, 5 billion yuan from the central budget is allocated for the rural safe drinking water projects, which is expected to be able to solve the safe drinking wa­ter issue for 15.71 million rural population in the plan.
China Agricultural Investment and Trade Forum
Tel: 010-64402735 64403285 64402118 Fax: 010-64402039
Website: www.boabc.com E-mail: cathy.du@boabc.com boabc.md@gmail.com
China International Agri Expo is the largest agricultural exhibition sponsored by the Chinese government, which already has six earlier successful sessions. The seventh session of the agricultural fair is to be inaugurated in Changchun, Jilin province on September 8, 2009. The fair takes place on the occasion of the sixtieth anniversary of the People’s Republic of China. This session of the agricultural fair will fully demonstrate the achievements in China’s agricultural reform and development. It is an important function in China’s agricultural sec­tor. The ‘China Agricultural Investment and Trade Forum’ is one of the major activities of this session of the agricultural fair. We have invited central and local agricultural authorities, key enterprises in rural industrialization, policy study institutions, major overseas agricultural commerce chambers, multinational agricultural companies, domestic and overseas financial institutions, investment institutions and the press for participation, in an effort to provide a bridge between the financial and investment institutions and the rural enterprises at large for investment and trade, and provide a platform for the financial and investment institutions in identifying potential investment projects.
China Agricultural Investment and Trade Forum
Tel: 010-64402735 64403285 64402118 Fax: 010-64402039
Website: www.boabc.com E-mail: cathy.du@boabc.com boabc.md@gmail.com
I. Forum Organization:
Sponsors
Ministry of Agriculture of the People’s Republic of China
Jilin People’s Government
Changchun People’s Government
Co-organizers
National Development and Reform Commission
Ministry of Finance
Ministry of Commerce
China General Customs Administration
State Administration of Quality Supervision, Inspection and Quarantine (AQSIQ)
National Supply and Marketing Cooperative General Agency
China Council for the Promotion of International Trade (CCPIT)
Organizer
Beijing Orient Agribusiness Consultant Ltd. Company
Media Support
People’s Daily
Economic Daily
China Central TV Station
Xinhua News Agency
China Economic Times
Farmer’s Daily
The Economic Observer
China Business Post
21st Century Economic Report
China Daily
Central Agriculture TV Channel, other print media and various agriculture-related websites
China Agricultural Investment and Trade Forum
Tel: 010-64402735 64403285 64402118 Fax: 010-64402039
Website: www.boabc.com E-mail: cathy.du@boabc.com boabc.md@gmail.com
II. Theme of the Forum
“Bringing in and going out”while introducing capital, technology and management to the field of agriculture, to realize the objective that agricultural enterprises, produce and pro­cessed products go out of the country.
Plan of fund allocation for the construction of new socialist countryside by various govern­ment functional departments;
Way of thinking and policy of agricultural development in the new era;
Opportunities of agricultural investment in China and modes;
Methods and norms for business invitation and investment projects;
Analysis of current status of foreign investment in agriculture in China;
Difficulties and opportunities for internationalization of Chinese agricultural enterprises or produce;
Agricultural intellectual property right and produce trade;
Successful experiences of leading companies in vertical integration of agri-related indus­tries;
Negotiation for cooperation among foreign and Chinese investment and financing institu­tions.
III. Aim of the Forum
To introduce to foreign and Chinese companies the potential of agriculture in China, the de­velopment direction and policy orientation;
To discuss the opportunities of investment both from home and abroad in agriculture;
To provide a platform of exchange between Chinese leading companies in vertical integra­tion of agri-related industries and investors both from home and abroad and to discuss com­mercial opportunities;
To facilitate Chinese and foreign participants to the Forum to sign cooperative agreements and to facilitate direct investment in China’s agricultural industrialization both from home and abroad;
To study and to discuss the difficulties and opportunities for Chinese agricultural enterprises and produce to enter the international market;
To promote building up of brand agriculture.
China Agricultural Investment and Trade Forum
Tel: 010-64402735 64403285 64402118 Fax: 010-64402039
Website: www.boabc.com E-mail: cathy.du@boabc.com boabc.md@gmail.com
IV. Activities of the Forum
The duration of the Forum is one day, and activities include presentations, recommendation and negotiation of agricultural projects and press conference.
Activities
Presentations Project recommendation / Press conference
company negotiation
Speeches
9:00 a.m. on Sep. 9, 2009, Wednesday
Chairperson: Mr. Qian Keming, Director General of the Department of Market and Economic Information, Ministry of Agriculture