In Dec. 2017, Hainan Administration for Commodity Prices and Hainan Department of Agriculture amended the Temporary Management Method for Pesticide Prices in Hainan, which was released in 2014. Accordingly, it is specified that the wholesale and retailing prices of pesticides within the province are under the management of governmental guidance and the control of the maximum price difference. The method is implemented from 1 Jan., 2018 onwards with the valid period of five years.

According to the notice published by the Ministry of Finance of China (MOF) and the State Administration of Taxation on 31 Dec., 2014, after approval by the State Council, the export rebates of partial products will be adjusted. For example, those of some corn processing products will be raised.

On 19 Nov., 2014, the State Council released the Strategic Plan to Develop Energies (2014-2020), to ensure that the Chinese energy development goes toward the right direction.

On 3 Nov., 2014, Shandong Longlive Biotechnology Co., Ltd. (Longlive Biotechnology) published a notice that the Ministry of Finance of China and the State Administration of Taxation had already noticed the Shandong Provincial Financial Bureau about the tax policy of non-grain fuel ethanol, and the main content of the notice is as follows:

On 28 Jan., 2015, the MOA held an executive meeting, in which the Action Plan for Zero Growth in the Use of Pesticides, the Action Plan for Zero Growth in the Use of Fertilizers and the Regulations for Crop Pest Controlwere deliberated and basically approved.

On 4 Nov., 2014, the National Development and Reform Commission of the People’s Republic of China (NDRC) released the exposure draft for public comments on the Catalogue for the Guidance of Industries for Foreign Investment (2014 version) (the Catalogue).

During 23-24 Sept., 2014, under the lead of the general agro-technician from the Institute for the Control of Agrochemicals, Ministry of Agriculture of China, (ICAMA), Ji Ying, the research group conducted its research on registration management, production and application of pesticide fertilizers.

The highlighted policy, namely the new Regulations on Pesticide Administration, which has been in preparation since 2007, is expected to be released recently according to the reply from Ministry of Agriculture of P.R.C (MOA) recently to the suggestion No. 3568 proposed at the Second Session of the Twelfth National People’s Congress.

On 21 Aug., 2014, Hainan Provincial Price Bureau and Hainan Provincial Department of Agriculture jointly released the Provisional Measures for Price Management on Pesticides in Hainan Province (Measures), in which the pesticide enterprises in the province are required to set sale prices independently for their pesticides, and not exceeding the prescript margin rate.

Recently, in the Ministry of Information and Technology of China (MIIT)’s latest published list of “pesticide products whose production licenses are planned to issue” the 20% paraquat Water Soluble Gel from Nanjing Redsun Biochemical Co., Ltd. (Redsun Biochemical) was approved.