① The 12th Central Committee Document No. 1, which has guided the work of the “three rural areas” since the 18th National Congress of the Party, was authorized to be issued by Xinhua News Agency on the 3rd, proposing a “road map” to vigorously and effectively promote comprehensive rural revitalization. ② The Dongguan Securities Research Report predicts that under the guidance of the document, China will continue to promote research on key core agricultural technologies, and genetically modified technology is expected to advance steadily.
The 12th Central Committee Document No. 1, which has guided the work of the “three rural areas” since the 18th National Congress of the Party, was authorized to be issued by Xinhua News Agency on the 3rd, putting forward a “road map” to vigorously and effectively promote comprehensive rural revitalization. The document points out that it is necessary to improve joint research and development and application collaboration mechanisms, step up research on key core technologies of seed sources, and speed up the selection and promotion of independent and excellent varieties that are urgently needed for production. Furthermore, it is proposed to accelerate the expansion of the industrialization of biological breeding.
Previously, the Ministry of Agriculture and Rural Affairs had issued licenses for the production and operation of genetically-modified corn and soybean seeds to 26 enterprises. After the publicity period, commercial sales will be officially launched. Following the gradual confirmation of actual transaction prices, profit distribution and new season breeding, etc., the sector's investment potential is worth looking forward to. The Dongguan Securities Research Report predicts that under the guidance of the document, China will continue to promote research on key core agricultural technologies. This year, the term “expanding the scope and speeding up biological breeding” further shows the importance the policy attaches to promoting technological development, and genetically modified technology is expected to advance steadily.
According to the Finance Federation's theme library, among the relevant listed companies:
Denghai Seed Industry said that in recent years, research and testing of genetically modified corn seeds has been carried out in strict accordance with the requirements of the competent authorities. It has mainly cooperated with Dabeinong. The company provides parent corn seeds, and Dabeinong is responsible for introducing target genes with excellent characteristics.
Fengle Seed Industry said that at present, the development progress of genetically modified technology is at the forefront of the industry, and reserves of genetically modified corn varieties have been initially completed.