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China approves transgenic species development program

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Beijing, China
July 10, 2008

Source: Xinhua News Agency via Checkbiotech
By Mu Xuequan

China's State Council, or cabinet, on Wednesday approved a program for the development of transgenic species to shore up the country's sustainable agricultural development.

The State Council agreed at an executive meeting that the program is of strategic importance in strengthening the country's capacity for agricultural technological innovation, increasing farmers' income and enhance the agriculture sector's global competitiveness.

The program aims to gain genes of great commercial value whose intellectual property rights belong to China, and develop high-quality, high-yield and pest-resistant genetically-modified new species, according to the meeting presided over by Premier Wen Jiabao.

The meeting urged relevant authorities to fully understand the importance and urgency of the program and waste no time implementing it.

The meeting also reviewed and approved a guideline on the deepening of economic system reforms in 2008.

"China has gone through 30 years of reform and opening-up and registered remarkable achievements in social and economic development. The country is at a crucial stage of building a moderately affluent society and the task of reform and development is arduous," said the meeting.

As China marked the 30th year of economic reforms, it should step up efforts for reform and opening-up, focus on system building and innovation and solve deep-seated problems through reforms, it said.

The meeting called on central and local authorities to map out their general reform plans and work for breakthroughs in key reforms that are significant to economic and social development.

© 2003 Xinhua News Agency

 

Green light for plan to boost genetically modified crops
By Wu Jiao, China Daily
http://www.chinadaily.com.cn/china/2008-07/11/content_6836524.htm

Source: Origin Agritech Ltd.

Summary

Plan and Budget
The State Council, at a meeting chaired by Premier Wen Jiabao, approved a plan aimed at promoting genetically modified crops (GMO). The new program approved by the cabinet would cost 20 billion yuan ($2.92 billion).

Foreign Ban Continues
Also, the official document governing foreign investment, the Catalogue of Industries for Guiding Foreign Investment, as amended last December, continued to ban foreign investment in the development of GM crops in China.

Expedited Implementation
The approved plan emphasized the "strategic significance" of GMO products in the development of agriculture, emphasizing that departments must fully understand the urgency of this significant project, and further improve the program to expedite implementation. Experts have commented that the approval of the plan clearly showed that the country was attaching more importance to the development of transgenic species.

 

 

 

 

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