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Chinese Government Supports the Upgrade of Its Agrochem Industry2013-03-08 14:58 Zhejiang Chemicals
China is a big manufacturer and exporter of agrochemicals; however, most
products are active ingredients. The country's agrochem industry lacks
capability in the development of new products and new formulations as
well as international marketing. Part of its RMB 4 trillion rescue
package released after the US subprime mortgage crisis involved the
country will be invested in agrochemical industry. The government will
not simply give the money to the industry, says Yanhai Chen, a senior
official from China's Ministry of Industry and Information Technology,
in the 9th National Agrochemical Symposium held on September 26th. The
government will elevate the benchmark for new comers in agrochem
industry, encourage the development of highly efficient and
environment-friendly products, prohibit the construction of new capacity
in fields already troubled by overcapacity, and help inferior players
withdraw from the industry. It's said that companies must locate their
new manufacturing units in industry parks where waste will be handled by
the public facility collectively. Chinese government raised the export
tariff rebate on dicofol and chlorfenethol from 5% to 9%, that of
carbofuran from 9% to 13%. The rate on bisultap and some plant growth
regulators is also elevated. However, the potential of further raising
the rate is low, according to Yanqiu Zhang, the head of the Pesticide
Inspection Institute under China's Ministry of Agriculture. Chinese
government does not want to encourage the export of products whose
production consumes lots of energy and emits heavily to the environment.
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