Investor Presentaiton
China's agricultural sector has doubled in size in the last decade...
China's agricultural sector value-added has doubled its size in the last 10
years. As at 2018, the sector's GDP was put at US$978.45 billion,
representing a 109.43% increase from US$467.20 billion in 2008
ā 200 million Chinese farmers are responsible for feeding about 1.4billion
people in China.
ā The proportion of labour employed in the sector declined from about 50% in
1991 to around 16% in 2018, owing to the increasing adoption of innovative
approach
Major technologies adopted to drive the sector
1. Artificial intelligence (AI)
2. Cloud computing infrastructure
3. Biotechnology and genetically modified organism (GMO)
Source: World bank, FAO, OECD
PwC
Key transformation factors
Population(rank) : 1st
GDP(rank): 2nd
1
Favorable agricultural policies and programmes such as the
promotion of irrigation and high investment in the sector
(Fertilizer, Subsidies, equipment and R&D
I
2
Two ways of land ownership( state owned public land
ownership and farmer collective-owned rural land)
3
Greater adoption of modern agricultural production techniques,
with focus on organic farming. Consequently, the country
accounts for more than 85% of the world's greenhouses
Major agricultural products ('000 tonnes), 2019
300,000
250,000
200,000
131,430
150,000
100,000
50,000
0
Wheat
257,333
Corn
148,490
16,000
13,800
Rice
Soyabean
Livestock
Unlocking productivity across Nigeria's agribusiness value-chain
February 2020
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