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在线翻译:
szdaily -> Business
First shipments of US beef in 14 years arrive
    2017-June-26  08:53    Shenzhen Daily

CHINA let through the first shipments of beef from the United States in 14 years Friday, after the two nations agreed to resume the trade in May.

The imports were brought in by Cofco Meat Holdings from U.S. meat processor Tyson Foods, China National Radio (CNR) reported Friday, citing Beijing Entry-Exit Inspection and Quarantine Bureau.

China officially allowed U.S. beef imports from Tuesday after the two sides settled the conditions for exports earlier this month.

Under the new rule, boneless and bone-in beef from cattle under 30 months of age will be eligible for imports. Beef destined for China must also be from cattle that can be traced to its birth farm, according to the rules.

Chinese importers are racing to bring in American beef to meet increasing demand for premium meat in the US$2.6 billion beef import market.

Cofco’s imports, the first to have landed in China, will be sold on Cofco’s e-commerce platform Womai.com, according to CNR.

Arrivals of U.S. beef could erode sales of Australian beef, China’s current top supplier of premium steaks, as U.S. beef is expected to be cheaper because of low grain prices in the nation.

Total beef arrivals rose 22 percent to 579,836 tons last year and foreign suppliers will meet about 20 percent of Chinese demand by 2020, forecasts Rabobank.

(SD-Agencies)

 

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