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On December 27, 2023, China issued Guidelines to Comprehensively Promote the Development of a “Beautiful China.” The guidelines propose several goals, tasks, and reforms for building a beautiful China between 2027 and 2035.

Rice export prices increased 2-8 percent from the previous week as exporters reportedly continued to secured rice supplies to fulfill contract shipments.

Post forecasts domestic raw milk production to grow marginally due to improved dairy milk yield despite declining cow inventories in 2025.

Rice export prices further dropped 3-4 percent from the previous week, except for fragrant rice prices.

On October 11, 2024, the Ministry of Agriculture and Rural Affairs (MARA) announced the issuance of new and renewed biosafety certificates for genetically engineered (GE) events.

On October 8, 2024, the People's Republic of China Food Safety Standards Monitoring and Evaluation Department of the National Health Commission (NHC) released a letter soliciting public comments on nineteen draft National Food Safety Standards.

On October 8, 2024, the Ministry of Agriculture and Rural Affairs (MARA) announced the registration of 30 genetically engineered (GE) corn and soy varieties, including 27 GE corn varieties and three GE soybean varieties.

On September 13, 2024, China's National Center for Food Safety Risk Assessment (CFSA) released Requirements for Application Materials for Safety Evaluation of Genetically Modified Microorganisms Used in Food Processing (Trial), which allows genetically modified microorganisms (GMMs) derived products without residual of exogenous genes and GMMs to be used as new food raw materials and new varieties of food-related products in addition to food additives.

China continued to be the world’s largest food importing country in 2023, with total food imports valued at $140 billion. The United States was the 4th largest source of China’s imports of consumer-oriented agricultural products in 2023.

Rice export prices, particularly white and parboiled rice, dropped 5-11 percent from the previous week due to competition from Indian rice and the weakening of the Thai baht.

FAS China attended the annual China Pea Conference and Plant-Based Congress, which was held in Shanghai, July 2024.

FAS/Bangkok (Post) forecasts MY 2024/25 sugar production to increase to 10.2 MMT. MY 2023/24 sugar exports are likely to decline 26 percent due to competition from Brazil. Post expects sugar exports to double in MY 2024/25 from MY 2023/24 in anticipation of tight exportable sugar supplies in the major exporting countries.