the Belt and Road > Investment

Agriculture inv. seen a new trend in co-op between along Belt and Road

BEIJING
2016-04-13 15:36

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A new wave of investment in overseas agriculture sector may be coming under the Belt and Road Initiative and debut of related policies, say analysts.

For instance, a central China's Henan Province-located agricultural product firm has already invested in and constructed an agricultural science demonstration park in Tajikistan, according to its general manager - Li Wei.

As Li introduces, the company's demonstration park has a complete industry chain in Tajikistan and the park also helps spur China's agricultural equipment export.

The company is a just an epitome of China's agricultural businesses already engaged in investing in nations along the Belt and Road.Statistics from the Foreign Economic Cooperation Center of the Ministry of Agriculture (MOA) showed that Chinese companies' agriculture-related overseas M&A deals ballooned in recent years and during 2010 and 2014, their value reached 18.5 billion US dollars.

Li Guoxiang, researcher of Rural Development Institute of Chinese Academy of Social Sciences said most countries along the Belt and Road are developing countries where relatively poor highway, railway, port and agricultural infrastructure prevail therefore they have demand for advanced agricultural technologies.

"According to forecasts of our team, there is fairly large space for agricultural cooperation between China and countries along the Belt and Road," deemed Liu Yang, senior agriculture analyst of CITIC Securities.

China possesses competition and R&D advantages as well as capital, technology, and talents and now is a very good and key time for Chinese companies to "go out", held Liu.

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