Three annual reports on natural rubber price indices, banana industry development and agarwood industry climate index were released on the 2021 Boao Forum for Entrepreneurs held in Hainan, a coastal island province in South China recently.
The three reports, namely Xinhua-Hainan State Farms (HSF) China natural rubber series price index report (2020-2021), China banana industry development report (2020-2021) and China agarwood industry climate index report (2021), are typical achievements of the province in crafting itself into an international tropical farm produce indices publishing center.
Releasing the achievements on construction of international tropical farm produce indices publishing center in Hainan.
Since 2018, the province has been required to construct an international transaction, pricing and price indices releasing center for tropical farm produces including mainly the natural rubber.
From then, Xinhua-run China Economic Information Service, the People's Government of Chengmai County in Hainan Province and Hainan State Farms Investment Holdings Group Co., Ltd. have jointly incubated a series of price indices for a dozen of tropical farm products such as natural rubber, banana, pepper, and agarwood.
According to the China banana industry development report (2020-2021), China's banana imports underwent structural changes, with imports in border areas of the country down 28.2 percent year on year, sales recovery of bananas in northern Myanmar unblocked and imports of bananas from Cambodia up notably. Under such circumstances, the report suggests that banana industry in Chinese provinces, in particular Hainan to actively seize opportunities to beat the drum for homegrown bananas by enhancing industry chain standards construction and quality control.
For more information: ceis.cn