China’s aquaculture sector is challenged by worsening demographics and low tech, as well as a lack of finance.
That was the downbeat assessment of aquaculture executive Du Ji, a delegate to the National People’s Congress, which meets for a week every year to determine China’s policy course. Du runs Nanchong Wu Hua Aquaculture Co., which farms freshwater species for sales to China’s domestic market.
Representing the city… Read More
Global Fishing Watch data has shown a significant drop in fishing effort last year, apparently correlated to global COVID-19 lockdowns.
Founded in 2015, Global Fishing Watch is a partnership between Google and the advocacy groups Oceana and SkyTruth that collects vessel location data from satellite images and tracking systems,
Global Fishing Watch recorded 18.4 percent fewer active Chinese-flagged fishing vessels and 10.7 percent fewer fishing… Read More
Authorities in China’s leading distant-water fishing port are reforming the ownership structures of its commercial fishing companies.
The municipal government in Zhoushan, which is home to approximately two-thirds of China’s distant-water fleet and which claims to be the world’s leading destination for global squid catches, is seeking to phase out a local ownership model from one of independent fishermen owning individual boats… Read More
Chinese tilapia remains in favor with African buyers, despite efforts to increase local production.
Papa Tilapia Imports in Abidjan, the capital of Ivory Coast, is seeking suppliers in China to meet rising local demand, according to the company’s owner, Salumba Sheriff.
Sheriff said he’s currently buying from a company in Vietnam, but is shopping around for better deals. He told SeafoodSource he wants to buy 15 to 20 forty-foot… Read More
There are more signs China is refocusing its investment efforts with the news that the country has greatly scaled back lending through its policy banks to developing Africa and Latin America.
In 2020, for the first time in 15 years, there were no loans extended to Latin America by the China Development Bank or the Export Import Bank, according to the Global Development Policy Center at Boston University, which keeps tabs on… Read More
China’s longstanding policy goal of obtaining more seafood from overseas may be changing.
The country's commitment to investing in global aquaculture projects has gone tepid in the past year, despite a policy set by its Ministry of Agriculture to increase China’s international cooperation in aquaculture, with the goal of shifting away from large-scale domestic aquaculture production and toward sourcing more domestically-consumed… Read More