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Agricultural product export growth to slow
"Producers from different regions of China could leverage their advantages to promote exports," said Lu Jianhua, director of the ministry's Foreign Trade Department.
These provinces should boost their research and development investment in order to foster more high value-added products, western China should focus more on developing specialized agricultural products, and central China should boost its productivity, said Lu.
Companies from eastern China are being encouraged to establish export bases in central and western China, boosting exports from these areas, added Lu.
According to experts' estimates, every US$10,000 of agricultural product exports directly and indirectly creates about 20 jobs.
The central government is planning to provide more financial support and enhance export-related services for agricultural exporters.
Around the world, the agriculture sector is one of the most heavily protected, with many developed countries granting high subsidies to agricultural exporters.
Currently, 25 World Trade Organization members grant export subsidies to 428 kinds of agricultural products, but China has yet to develop a unified system to promote agricultural exports.
"The government will offer more financial support in terms of taxation, credit, and credit insurance," said Lu.
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