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6 February 2017 - STAG ‘News Bites’ contain informal translations of Asian media. If you would like more information about the articles below, please contact the original source.
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Alibaba Signs MoU with GS1 Australia for the Benefit of Australian Businesses
GS1 Australia, 9 January 2017
According to GS1 Australia, on Friday 6 January 2017, Alibaba Group (Australia and New Zealand) signed a Memorandum of Understanding (MoU) with GS1 Australia to formalise, promote and strengthen online trade between China and Australia. Alibaba invited brand owners to adopt GS1 standards for product information management and the use of the barcode, or Global Trade Item Number (GTIN), for uniquely identifying their products within the Alibaba e-commerce network. With the cooperation between Alibaba and GS1 Australia, Chinese consumers will be able to get information in Chinese by mobile phones through a traceability mechanism, to scan barcode and receive product data, about Australian premium brands, and shop online.
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One Year On, China-Australia FTA Delivers for Australia
Media Release - Minister for Trade and Investment
...In the first three quarters of 2016, as tariffs were cut, the value of Australian exports to China at least doubled for products including fresh cherries, fresh and chilled abalone, and unwrought zinc. Over the same period, export values of fresh table grapes jumped six-fold to $102 million, exports of medicaments for therapeutic use grew more than 90 per cent to $523 million, milk powder exports grew almost 80 per cent to $127 million, bottled wine exports grew more than 40 per cent to $309 million, fresh navel orange exports grew 55 per cent to $51 million, and fresh cheese exports grew 28 per cent to $33 million.
(Read more)
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Investigation and Report on 2016 Production of Abalone in China
Abalone Expert Group in China , December 2016
In December 2016, the Abalone Expert Group in China an Investigation and Analysis Report in 2016 on Production of Abalone (Haliotis discus hannai) in China. The major points of the report are: distribution of Abalone Main Production Areas, Abalone Production Situation, Existing Problems and Suggestions, and Forecast of Abalone Production Trend for 2017.
(Read more)
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USA, Canada and Russia to Benefit from Large Reduction of Import Tariff Rates by China on Seafood
CIFNews, 30 December 2016
According to the Ministry of Finance, China will adjust import tariff rates for some commodities from 1 January 2017. Those include tunas, prawns, lobsters, and crabs. As production resources in China are limited, import tariff rates have been further reduced to satisfy consumers’ choices. The seafood that are most relevant to tariff reductions are wild-caught. Among the Most Favoured Nations (MFN), USA, Canada and Russia will benefit the most from the reductions. South-east Asian Nations (ASEAN) and China are equally focused on aquaculture, with similar farmed species, and so competitors to each other. For example, China and ASEAN countries attach high importance to prawn farming. In recent years, Vietnam’s farmed Basa have had large exports to Chinese market, and made great impacts on Chinese Tilapia.
(Read more)
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With Tax on Takeaways Confirmed at 6%, Chinese Catering Industry Enjoy Tax Reductions
Chinese Cuisine Association, 26 December 2016
On 21 December 2016, the Chinese Ministry of Finance, and the State Administration of Taxation announced in their Circular No. 140-2016 that the VAT for takeaways would be levied at 6%. This is another breakthrough made by the Chinese Cuisine Association (CCA) in reduction of taxes and fees for catering industry. Since the replacement of the Business Tax with VAT by the Chinese Government on 1 May 2016, the tax burdens on catering industry have been lightened. However, in the meantime, there were discussions on whether to adopt 6%, 17% or other tax rates on takeaways.
(Read more)
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Notice by the Chinese Ministry of Industry and Information Technology to Restore Order for Internet Connection Service Market
Ministry of Industry and Information Technology, 22 January 2017
On 22 January 2017, the Chinese Ministry of Industry and Information Technology (MIIT) circulated its notice that from the notice date to 31 March 2018, the MIIT would restore order for internet connection service market. All internet services such as IDC, ISP, CDN, and VPN are required to have the pre-approval from the government to operate. According to the MIIT, foreign trade enterprises, transnational enterprises, which need cross-border internet connection through special line for their own business purpose, may apply to the Chinese telecommunication authorities for the lease of services. The requirements in the notice will not make any impacts on the normal operation of business by the enterprises.
(Read more)
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Global Organizations, Banks Upbeat on China Growth Prospects
Xinhua, 23 January 2017
The world's second largest economy reported 6.7 percent GDP growth in 2016, the lowest level in nearly three decades, but the rate is likely to top all other major economies, according to a report released Jan. 16 by the International Monetary Fund (IMF). With the global economy facing uncertainties like trade protectionism, IMF last week revised its China's growth forecast for 2017 to 6.5 percent, from the 6.2-percent projection last October, based on expectations of continued policy support for the economy.
(Read more)
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Plan For Canadian Company to Charter Lobsters to China - Cutting Travel Time to 18 hours
Herald Business, 2 January 2017
Shelburne-based First Catch Fisheries’ parent company is chartering a cargo plane to fly lobsters directly to China from Halifax to break through a logistical bottleneck.
(Read more)
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Seafood Leaders React after Trump Kills TPP
SeafoodSource, 24 January 2017
The withdrawal is a “great thing for the American worker,” Trump said at the signing of his first executive order as President. TPP, which includes 12 other nations, was not voted on in the last Congressional session, so the U.S. was not yet part of the agreement that was expected to increase U.S. seafood imports from Vietnam and other countries.
(Read more)
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Internet matching service to search for safe and high-quality Japanese agricultural and food products
JETRO - 3 February 2017
The Japan External Trade Organization (JETRO) set up a new page—the Japan Agricultural & Foodstuff Exports (JAFEX)—within our international business matching site: Trade Tie-up Promotion Program (TTPP).
JAFEX is a new service to search for various Japanese agricultural, forestry, fishery and food products ranging from rice and fishery products to vegetables. Users can easily get in touch with Japanese business operators through searches based on user information or sales offers by product. Those interested in importing Japanese products can also advertise what they are searching for in the purchase offer section toward Japanese producers, shippers and food companies. The service is available free of charge, both in English and Japanese.
(Read more)
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“Taste of Australia - Japan 2017” 16th (Tokyo), 18th (Osaka) May
Austrade invites Australian exporters and/or their Japanese importers to participate in this premium food and beverage showcase, targeting key customers and influencers in Japan’s high-end Retail and Foodservice market supply channels.
(Read more)
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Chemicals exceeding standards again are detected at new site of fish market in Toyosu
Japan Times - 14 January 2017
An amount of benzene 79 times the maximum allowed was detected among other toxic chemicals in groundwater samples gathered late last year from the new site at Toyosu, where the famous Tsukiji fish market is to be relocated, Tokyo Metropolitan Government officials said Saturday.
(Read more)
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After two years JAEPA is still bringing benefits for Australia
dfat.gov.au 14 January 2017
Tomorrow marks two years since the Japan-Australia Economic Partnership Agreement (JAEPA) entered into force and the Agreement continues to deliver a competitive advantage for Australian businesses in our second-largest export market.
(Read more)
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Prices of fish, prawns go up by up to 50% ahead of Chinese New Year
Straits Times - 6 January 2017
SINGAPORE - Prices of fish and prawns have skyrocketed by as much as 50 per cent ahead of Chinese New Year, and could go up even more, with Chinese silver pomfret and white-spotted rabbitfish seeing the steepest price hike so far.
Fishmongers from two wet markets in Toa Payoh and Eunos said the prices of fish and prawns had begun to soar, and would continue to rise as the Lunar New Year nears, Lianhe Wanbao said in a report on Friday (Jan 6).
(Read more)
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STAG ‘News Bites’ is a resource for Australian seafood exporters, funded by the Abalone Council Australia Ltd, Southern Rocklobster Ltd, the Fisheries Research and Development Corporation and the Australian Government Department of Agriculture and Water Resources, through the Package Assisting Small Exporters.
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