About the Project
The Sino-German Agricultural Centre (DCZ) is a joint initiative of the German Federal Ministry of Food and Agriculture (BMEL) and the Ministry of Agriculture and Rural Affairs of the People’s Republic of China (MARA).
Recent developments in China with relevance to Sino-German cooperation in the agricultural sector and current DCZ activities!
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US-China Phase One Trade Agreement and Implication for Agriculture
Dr. Aihemaitijiang Rouzi
5 February 2020
US president Donald J Trump and Chinese Vice Premier Liu He have signed US-China phase one trade deal at the White House, Washington DC on January 15th, 2020. The document is 94 pages which includes six chapters. Chapter three of the agreement specifically addresses agricultural trade in which it covers
dairy and formula, poultry, beef, live breeding cattle, pork, meat, poultry and processed meat, electronic meat and poultry information systems, aquatic products, rice, plant health, feed additives, pet food and non-ruminant derived animal feed, tariff rate quotas, domestic support, agricultural biotechnology and food safety.
China is expected to increase agricultural purchases by 32 billion dollars in 2020 and 2021 from a level of 18 billion dollars in 2017. Therefore, if the agreement is fully implemented, China is expected to buy a total of 70 billion dollars of agricultural products from the United States in 2020 and 2021. Meanwhile, the US also opens its market for Chinese vegetables and fruits. Although agriculture related purchases are the most tangible commitments made by China in phase one trade deal, actual shipments and transaction is yet to be seen.