Beijing: China plans to approve GMO Corn Characteristics developed by Syngenta Group For the first time, the Ministry of Agriculture said on Friday.
The Ministry of Agriculture and Rural Affairs said in a note posted on its website that two traits, Bt 11 × MiR 162 × Ga21 and Bt 11 × Ga21, to be developed and approved by the Swiss agrochemical giant, both insect and herbicides. Boots were tolerant.
The move marks a major breakthrough for Syngenta, the world’s No. 3 seed producer, owned by China. Sinochem HoldingsIn its quest to become the market leader in China’s GM market.
China also plans to approve an herb-tolerant variety developed by Hangzhou Ruifeng Bio-Tech Co., Ltd., and another corn product owned by it. China National Seed Groupa unit of Syngenta group, the notice stated.
Beijing has already granted safety clearance to some other domestic GMO corn traits, and proposed changes to the country’s seed regulations to pave the way for GMO crop approval as part of an effort to prepare the grain for commercial cultivation. Is.
Syngenta aims to raise about $10 billion from an initial public offering (IPO) in China this year.
The Ministry of Agriculture and Rural Affairs said in a note posted on its website that two traits, Bt 11 × MiR 162 × Ga21 and Bt 11 × Ga21, to be developed and approved by the Swiss agrochemical giant, both insect and herbicides. Boots were tolerant.
The move marks a major breakthrough for Syngenta, the world’s No. 3 seed producer, owned by China. Sinochem HoldingsIn its quest to become the market leader in China’s GM market.
China also plans to approve an herb-tolerant variety developed by Hangzhou Ruifeng Bio-Tech Co., Ltd., and another corn product owned by it. China National Seed Groupa unit of Syngenta group, the notice stated.
Beijing has already granted safety clearance to some other domestic GMO corn traits, and proposed changes to the country’s seed regulations to pave the way for GMO crop approval as part of an effort to prepare the grain for commercial cultivation. Is.
Syngenta aims to raise about $10 billion from an initial public offering (IPO) in China this year.