China welcomes foreign investment in genetically modified corn and soybeans
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Last Update: 2008-11-03
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Source: Internet
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Author: User
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Introduction: the Chinese government said on Friday that it would encourage overseas investors to cultivate genetically modified corn and soybeans in China The Chinese government said on Friday that it would encourage overseas investors to cultivate genetically modified corn and soybeans in China because the government is committed to developing the biotechnology industry to ensure food safety China encourages overseas investment in pest resistant soybeans and corn, as well as pest resistant cotton and tomato varieties, according to a notice on the website of the Ministry of Commerce of China ( Gov.cn) Exk scientists pointed out that in order to ensure the food safety of 1.3 billion people, China has invested a lot of funds to develop agricultural biotechnology research since 1980 China's biotechnology industry is also emerging as the largest industry outside North America Exk scientists estimate that China is expected to plant 2.2 million hectares of pest resistant cotton, nearly twice the size of Belgium, accounting for 53% of the total cotton planted in the country Exk officials said there was no commercial use of genetically modified soybeans and corn in China China's corn and soybeans are likely to be exported to Japan and South Korea EXk
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