Government considers opening of seed market
By Ding Qingfen and Zhou Siyu | China Daily | Updated: 2011-08-25 07:44
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Seeds on display at an agricultural exhibition in Beijing. Currently, foreign companies can only participate in China's grain seed industry through joint ventures with domestic partners, and they are limited to a 49 percent stake in these ventures. Zhou Wei / for China Daily |
BEIJING - China might further open up its seed market to foreign companies, with the Ministry of Commerce and the Ministry of Agriculture studying the market shares and development of these companies, said an official close to the matter.
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