Chuin-Wei Yap, 中国谋求打造全球种业巨头. 华尔街日报, Mar 23, 2015
cn.wsj.com/gb/20150323/biz110336.asp
"去年拥有政府背景的湖南新大新股份有限公司(Hunan Xindaxin Co) 向奥瑞金种业股份有限公司(Origin Agritech Ltd.)主动提出了600亿美元收购提议。后者是纳斯达克上市公司,也是首家拥有获准在国内市场进行商业销售的转基因玉米品种的企业。去年11月,奥瑞金拒绝了这一收购提议。* * * 奥瑞金董事长韩庚辰接受采访时表示 * * * [from English original, which does not appear in the translation] James Chen, Agritech’s chief financial officer {I am showing the executives of Origin Agritech are Chinese]
"尽管中国 [种子] 消费量很大,但中国种子制造商 seed makers 太小太分散,政府难以把它们组织起来研发足以同全球种子制造商展开竞争的生物技术。
, which is translated from the first half of
Chuin-Wei Yap, China Seeks to Develop Global Seed Power; Beijing looks to defend home market against foreign makers like Monsanto and DuPont. Wsj.com, , Mar 23, 2015.
www.wsj.com/articles/china-seeks ... ed-power-1427049765
Quote:
China is "[t]he world’s second-largest seed market, after the US * * * Seeds from foreign ventures supply about 20% of the market, but that is likely to rise as a gulf in quality widens between local and foreign products, growers and analysts say.
"The number of domestic seed-sector acquisitions last year tripled from 2012, according to research firm CCM. Shenzhen-listed Yuan Longping High-Tech Agriculture Co 袁隆平农业高科技股份有限公司 was among the most aggressive, buying out at least three smaller seed makers since 2013. Still, it is unrealistic to expect the dawn of a Chinese Monsanto within five years, according to ChinaAg 中华农业网. But China’s size confers an advantage. Its largest producer, Longping, has a market value [not revenue] of 20.2 billion yuan ($3.26 billion), making it the world’s fourth-biggest seed maker by that measure. The problem is that Longping—whose parent is Hunan Xindaxin—acts as a loose patchwork of related producers, rather than a single corporate giant, said Syngenta’s [regional head for China] Mr [Pierre] Cohadon.
"China’s key deficit is in research and development, analysts say. * * * Longping [the company] said its R&D in 2013 totaled $15 million—less than 1% of what Monsanto spends.
"China currently allows imports of genetically modified animal feed and bans genetically modified organisms, save papayas, for human consumption.
Note:
(a) None of the English-language quotations is translated.
(b) The English original is not published in today's US edition (so I do not know where it is published--in Asia?--or when). Still this (English) report is informative. |