Govt approves new GMO crops

China plans to import two new varieties of genetically modified crops from the United States, as it accelerates a review of biotech products as part of its broader efforts to promote economic and trade ties with the US.

The approvals came right after China finalized detailed protocols on imports of US beef. The outcome was arrived at due to the two nations' willingness over the past several months to enforce their 100-day action plan agreed by their top leaders, with a goal to establish a comprehensive economic dialogue.

Wu Laping, a professor of the College of Economic and Management at China Agricultural University, said the updated approvals to US agricultural products are based on the mutual benefits that the two sides stand to gain.