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Introduction: according to the new transgenic regulations issued by the Ministry of agriculture in March 2002, according to the Ministry of agriculture in March 2002 According to the new genetically modified regulations released in June, the imported genetically modified products shall be marked accordingly: after the unloading of the genetically modified products, the importers shall affix the required labels on the products; in the process of transportation, processing, wholesale and retail, any change in packaging shall be marked again In order to reduce the cost and the possible confusion, the Ministry of agriculture of China started the genetically modified mark inspection in Beijing in mid March, which will last until the end of April This inspection mainly focused on soybean, soybean powder, soybean meal, soybean oil and other products All GM product importers, raw material processors, product wholesalers and retailers, seed companies and research institutions need to be inspected By the end of May, the Ministry of agriculture will conduct a nationwide mark inspection to track and monitor the implementation of genetically modified marks In many cases, WGH's processors, wholesalers and retailers will try their best to avoid genetically modified products Many industries believe that once the product is labeled with GM, it will greatly reduce the enthusiasm of consumers Most people are looking at the sales effect of products with genetically modified logo, but the coming national inspection will force many industries to carry out genetically modified logo WGH in soybean products, the sale of soybean meal is expected not to be affected by the provisions of genetically modified labeling This is because the final livestock products are not suitable for the provisions of genetically modified labeling, so there is no difference between genetically modified and non genetically modified soybean meal in feed But demand for GM soy oil is likely to decline, as some Chinese consumers still think it is unsafe to eat GM products This may affect the demand for GM soybean oil and ultimately reduce the demand for imported GM soybeans It will take about 2-3 months for the Department of agriculture of WGH to complete this inspection, and it will take several months for relevant industries to adapt to these relevant regulations, so the impact of this policy on the industry will probably not be reflected until the second half of 2003 Wgh
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