The following GAIN reports were released on December 31, 2024. _______
On December 27, the People's Republic of China (PRC) Ministry of Commerce Trade Remedy Investigation Bureau announced a safeguard investigation on global beef imports following a petition by the China Animal Agriculture Association (CAAA) and nine provincial animal agriculture associations. The investigation covers fresh, chilled, and frozen beef products classified under specific HTS codes, valued at $14.2 billion in 2023. Interested parties have 20 days from the date of publication to register or comment. This report provides unofficial translations of the initiation announcement and safeguard investigation application attachments. The only genetically engineered (GE) product in commercial production is GE cotton, with obsolete seeds and only in restricted areas. There has been no advance in plant or animal biotechnology development and production, mainly due to policy and regulatory constraints. In 2023, trade in products that may have used microbial biotechnology at some point in their value chain totaled $14.14 billion. For more information, or for an archive of all FAS GAIN reports, please visit gain.fas.usda.gov/. |
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