Seed Industry Entered New Development Stage with New Policy Coming out
05/15/2011

Formal "Suggestions for Accelerating Development of Modern Crop Seed Industry" was released in April, 2011 to govern the domestic seed industry, which marked a new development stage in seed industry.

Online PR News – 15-May-2011 – – Guangzhou China, May 10, 2011 - Formal "Suggestions for Accelerating Development of Modern Crop Seed Industry" was released in April, 2011 to govern the domestic seed industry, which marked a new development stage in seed industry.

It was pointed out in the policy that seed companies should be the main force for the variety breeding in the future. However, are they ready for it? Conventionally, most of the varieties are bred by research institutes. Seed companies are weak in this part as their jobs are in charge of the marketing and selling. Does this policy connote the integration? Will China launch out some coping strategies to strengthen the R&D capability of the seed companies? Will it bring more challenges to the seed companies as well as more pressures to the research institutes?

It’s hard for the seed companies to adjust their role from a buyer to the breeder immediately, as they still have to buy varieties from the research institutes at present. It takes some time for them to adapt.

Another hot issue to be concerned in this monthly report is about GM crops. What do people in China think of it? All the answers will be revealed by reading the report.

The following are some of the crucial topics covered:
China to strengthen seed companies’ R&D capability
Xianyu 335 reported to be GM varieties again
Shandong Denghai's net profit down 33.19% in Q1 2011
Winall Hi-tech sales revenue up but net profit down
Domestic seed companies face variety drought
China: great emphasis on super rice
Guangxi develops one super rice variety
Gansu Dunhuang net profit up 168% in 2010

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