Fungicides China News 1504 (12 issues per year)

Date: 2015-05

“On 24 April, 2015, the Food Safety Law was approved in the 14th meeting of 12th NPC Standing Committee, which will be implemented starting from 1 Oct., 2015.
The law stipulates that the government encourages and supports farmers to use environmental friendly pesticides with low toxicity and low residue, and promotes R&D and application of substitutes for highly toxic pesticides. It also highlights that highly toxic pesticides are forbidden to apply in fruits, vegetables, tea, and Chinese herbal medicine.
The implementation of this law will be favorable for the promotion of biological pesticides. It also requires pesticide manufacturers to focus on the development of environmental protection pesticides with high safety, low toxicity, biological activity and flexibility.
The USD/RMB exchange rate in this report is USD1.00=RMB6.1434 on 1 April, 2015, sourced from the People’s Bank of China. All the prices mentioned in this report will include the VAT unless otherwise specified.”

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