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USA : USDA new agricultural trade office in Chengdu, China
Source: fiber2fashion Date: 2007-12-18
The U.S. Department of Agriculture today opened a new agricultural trade office in Chengdu, the capital of southwest China’s province of Sichuan. Chengdu is China’s fifth most populated city in a region of nearly 200 million people.
"China is a vital market for U.S. agricultural products," said A. Ellen Terpstra, Deputy Undersecretary for USDA’s Farm and Foreign Agricultural Services.
"It is one of the world’s largest economies and the fifth largest market for U.S. agricultural exports. Rising per capita incomes and steady economic growth are creating new demand for U.S. foods and beverages in this region. This office will help U.S. exporters position themselves to take advantage of these trends."
Along with offices in Beijing, Shanghai and Guangzhou, the Chengdu office is the fourth USDA agricultural trade office on mainland China and the 102nd overseas office staffed by USDA in 82 countries around the world.
China imported roughly $8.2 billion worth of U.S. agricultural products in fiscal year 2007, a record figure. Bulk and intermediate products like soybeans, cotton, hides, meat, and poultry accounted for a large portion of that total.
While U.S. bulk commodities have traditionally fared well in this market-the market for U.S. soybeans and cotton is the largest for the United States-U.S. consumer-ready foods like nuts, dairy products and wine made the biggest gains in 2007 with a 44 percent increase over fiscal year 2006.
"China is a vital market for U.S. agricultural products," said A. Ellen Terpstra, Deputy Undersecretary for USDA’s Farm and Foreign Agricultural Services.
"It is one of the world’s largest economies and the fifth largest market for U.S. agricultural exports. Rising per capita incomes and steady economic growth are creating new demand for U.S. foods and beverages in this region. This office will help U.S. exporters position themselves to take advantage of these trends."
Along with offices in Beijing, Shanghai and Guangzhou, the Chengdu office is the fourth USDA agricultural trade office on mainland China and the 102nd overseas office staffed by USDA in 82 countries around the world.
China imported roughly $8.2 billion worth of U.S. agricultural products in fiscal year 2007, a record figure. Bulk and intermediate products like soybeans, cotton, hides, meat, and poultry accounted for a large portion of that total.
While U.S. bulk commodities have traditionally fared well in this market-the market for U.S. soybeans and cotton is the largest for the United States-U.S. consumer-ready foods like nuts, dairy products and wine made the biggest gains in 2007 with a 44 percent increase over fiscal year 2006.
