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Ministry of Commerce aims for e-commerce transaction volume to reach 22 trillion yuan by the end of next year
Core tip: The "Internet Plus Circulation" action plan released by the Ministry of Commerce on the 15th proposes striving to have China's e-commerce transaction volume reach 22 trillion yuan and online retail sales reach 5.5 trillion yuan by the end of 2016. The "Internet Plus Circulation" action plan released by the Ministry of Commerce on the 15th
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Auction of temporary state-stored paddy rice achieves a transaction rate of only 5.47%
Auction of temporary state-stored paddy rice achieves a transaction rate of 5.47%. With the approval of the relevant state departments, the national temporary state-stored paddy rice competitive sales trading session held on June 16 planned to sell 1,756,736 tons of paddy rice, with an actual transaction volume of 96,166 tons and a transaction rate of 5.47%, of which: 2013 early indica rice planned sales of 494
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The transaction rate for mid-to-late indica rice produced in 2014 reached 37.03%
With the approval of the relevant state departments, the national temporary stored rice auction sales transaction held on June 30 concluded successfully. This transaction planned to sell 1,848,582 tons of rice, with an actual transaction volume of 170,465 tons and a transaction rate of 9.22%, of which: the planned sale of 49
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Early indica rice prices slide, yet 2014 mid- and late-season rice transaction volume climbs
From June 26 to July 2, the 2013 government-supported early indica rice auction in Hubei Province saw zero transactions, while the auction of 2012-produced early indica rice from local reserves showed a downward price trend, with the June average transaction price having fallen from 2,380 yuan/ton in January to 2,158 yuan/ton, a drop of 9.3%. Purchase prices for 2014-produced early indica rice in various regions also ran below the government support price, with the average purchase price of ordinary early indica rice in Wuhan, Jingzhou, Xianning and Huanggang ranging from 1.25-1.29 yuan/jin, and the average purchase price of high-quality early indica rice at 1.32-1.35 yuan/jin. In contrast to the sluggish early indica rice market, the 2014-produced government-supported mid- and late-season indica rice in Hubei Province saw active transactions. On June 30, Wuhan planned to sell 200,944 tons of 2014 mid- and late-season indica rice, with an actual transaction volume of 122,323 tons, a transaction rate of 60.87%, and an average transaction price of 2,813 yuan/ton.
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Corn auction transaction rate continues to decline, how does the industry view it?
Corn auction transaction rate continues to decline. Last week, corn purchase and sales in Northeast China were sluggish, and the temporary storage transaction volume hit a new low again; corn prices in North China rose slightly within a stable range; corn prices at southern ports were stable and slightly weak, while purchase prices at northern ports fell, marking the beginning of the destocking stage. At present,
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Industry View: Japonica Rice Auction Subsidies Stimulate Higher Transaction Rates
The auction subsidy amount in Heilongjiang Province was upgraded from 100 yuan/ton announced on April 17 to 200 yuan/ton on June 12. The subsidy recipients are 102 rice mills in Heilongjiang with a production capacity of over 100,000 tons. According to monitoring, affected by this policy, the transaction volume of state reserve japonica rice auctions increased throughout July,
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Under State Policy Intervention, Wheat Transaction Rate Hits a Record Low
News of September 9: The transaction rate of state policy-based wheat hit a record low. Monitoring data show that on September 8, the two markets of Anhui and Henan jointly offered 114.42 tons of policy-based wheat at auction, down 0.37 million tons from last week; a total of 0.13 million tons were sold, down 0.26 million tons from last week;
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Seventh Northern Tea Expo Inks Nearly 600 Million Yuan in Deals
A reporter learned from the Zhengding County government of Hebei Province that the seventh "Hebei Shijiazhuang Northern Tea Expo" was recently held in Zhengding County, with more than 120,000 traders participating in the event, and the total value of transactions and signed agreements exceeding 598 million yuan. Zhengding is a major agricultural county, and under the two major national strategies of the national "Belt and Road"
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How Can E-commerce Transactions Move Beyond "Price by Inspection of Goods"?
Editor's note: Recently, after review and deliberation by industry experts from the Ministry of Agriculture, the China Association of Traditional Chinese Medicine, the China Traditional Chinese Medicinal Materials Logistics Expert Committee and other departments, the "Electronic Trading Specification Standards for Traditional Chinese Medicinal Materials Products" (hereinafter referred to as the "Standards"), completed by Chengdu Tiandiwang Information Technology Co., Ltd., was approved, pioneering electronic trading standards for agricultural products. How were these standards formulated, what are their characteristics? How will they be implemented? What insights do they offer for China's agricultural product e-commerce?
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Why early indica rice temporary storage auctions are seeing sluggish sales
On October 13, the national temporary storage early indica rice competitive bidding sales transaction fair held its first auction after a three-month gap, but the transaction results were less than ideal. That day, 492,310 tons of 2013 early indica rice were planned for sale, but actual transactions totaled only 516 tons, a transaction rate of 0.10%, with an average transaction price of 2,640 yuan/ton.
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