92% of Argentina's exports to China come from the agri-food sector

92% of total exports from Argentina to China correspond to agribusiness, and the Asian giant is the second largest destination of overseas sales in the country, behind the European Union. In 2018, agro-industrial products were exported to the Asian country by $ 2,947 million, according to the Rosario Stock Exchange.

Among the main products exported are soy beans, beef, shrimp and shrimp, pieces and edible offal, among others. Members of the Chinese Development Research Center participated in a meeting at the Grain Exchange to generate an exchange of information, to become familiar with the agribusiness entity's vision and to reinforce the bilateral relations.

The importance of agri-food for Argentina and its contribution to the country's economy, as well as changes in the area and production of major crops, were among the most important issues discussed during the meeting. . applied technology to the process of domestic production. In addition to the estimates for the 2018/19 and 2019/20 campaigns, long-term projections were presented.

On the other hand, the main ones were exposed overall uncertainty factorsand its effects on the integration of the Argentine agro-food sector into international trade. Progress in Mercosur's country-led trade negotiations was reviewed, including the recent signing of the Mercosur-European Union (EU) Agreement.

Visions were also shared on the US-China trade conflict and the challenge facing the World Trade Organization (WTO) today. The participants in this meeting were for the People's Republic of China, Wang Anshum, Vice President; Ye Xingqiinq, Director General of the Department of Rural Economy; and Yu Jun, director general of the international cooperation area, among others.