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The People’s Republic of China (PRC), State Administration for Market Regulation (SAMR) and Standardization Administration have published the final version of National Standard for Soybeans (GB1352-2023), which will take effect on December 1, 2023.
Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Wraps Up Its 2023 In-Store Retail Promotions; Hong Kong Economic Woes Continue as Exports Fall for 15 Consecutive Months
On September 15, 2023, China notified an amendment to the National Food Safety Standard for Restricting Excessive Packaging for Foods and Cosmetics (GB 23350-2021) to the World Trade Organization (WTO) under G/TBT/N/CHN/447/Add.2.
FAS Manila expects rice imports to decline to 3.5 million MT as high prices in the international market and price ceilings ordered by the President disincentivize imports.
On September 6, 2023, the People’s Republic of China (PRC) State Administration for Market Regulation (SAMR) and the Ministry of Agriculture and Rural Affairs (MARA) jointly published “Implementation Opinions of SAMR and MARA on Carrying Out Crop Seed Certification.”
Record-breaking heat in the summer of 2023 has damaged summer vegetables and delayed the planting of autumn and winter vegetables in Japan.
Thailand’s export prices fell a further one percent as the Thai baht continues to weaken.
FAS/Hanoi’s successful in-store promotion in July 2023 at the WinMart retail chain highlights growing opportunities to promote U.S. food, beverages and agricultural products in Vietnam.
Since reaching peak numbers in 2016, the New Zealand national cattle herd has been gradually declining, and this is expected to continue in 2024.
Taiwan's HRI industry has fully bounced back with 2022 revenue surpassing pre-pandemic records. The market has a westernized palate with a high per capita GDP of US$33,004, showing that consumers are not only willing but also more than capable of trying foreign cuisines.
The General Administration of Customs of the People's Republic of China (GACC) Bureau of Import and Export Food Safety (BIEFS) recently updated the list of products subject to Decree 248.
On September 13, 2023, the State Council Tariff Commission (SCTC) announced an extension of the Section 301 retaliatory tariff exclusion period for sorbitol and other select U.S. commodities would be valid to April 30, 2024.