One of the key sectors in China is agriculture. China has been doing extensive research and development on its own GM crops in order to build up a competitive place in this market as it develops throughout the world.
In the recent past, GM cotton was approved in China and is doing quite well in the market, although still a new market. Recently the Chinese government held a meeting that could prove to be the most important GM crop related meeting to happen in the world: a meeting to approve commercial production of GM rice, a very important crop in China.
Assuming GM rice is approved as expected, China has potential to become the largest market for GM crops in the world in the not so distant future.
This report is based on over 70 primary interviews, and significant secondary research, all conducted in China.
