China’s food import bill hits $58.3b

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China’s food imports hit $58.3 billion

Chinese consumers’ demand for imported food has been growing steadily as the standard of living in China improves, according to a statement from the General Administration of Customs.

According to Xinhua, China’s total food imports amounted to 58.28 billion dollars last year, up 25 percent year-on-year, while the annual average growth rate over the previous five years was 5.7 percent, data from the administration showed.

The European Union remained China’s largest supplier of food, followed by the United States, New Zealand, Indonesia and Canada. Meat, oil, dairy, and seafood were among the most popular food imports in China.

Chen Weinian, purchasing director at Shanghai’s City Shop, said that foreign food used to be consumed mainly by foreign expatriates and are now being favored by a lot more Chinese.

A separate report from the National Development and Reform Commission showed that the country’s Engel’s coefficient…



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