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Pakistan joins hands fostering International bonds for agricultural innovation

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BEIJING, Jan. 13 (INP): The third Sanya International Seed Industry Scientists Conference and the 2024 International Seed Technology Expo successfully concluded in Sanya, Hainan, bringing together over one hundred seed industry experts and representatives from agricultural universities, institutions, and international organizations.

The countries which were represented included Pakistan, China, Thailand and Turkey. They laid emphasis fostering International bonds for agricultural innovation.

According to China Economic Net (CEN), the get-to-gather was aimed at sharing cutting-edge advancements in the field and discuss collaborative avenues for the future.

The event has yielded fruitful results, like, on January 4, a seed industry innovation signing ceremony was held, putting plans in motion to set up the world’s first online seed trading platform. 

According to the plan, Hainan Baikal Germplasm Technology Trading Co., Ltd. together with Sanya Seed Industry Scientists Alliance will invest ¥100 million to create an innovative seed industry trading platform, which is a new seed evaluation and trading system combining futures, warrants, and stock trading models.

On the same day, the Sanya Electron Accelerator Mutagenesis Breeding Laboratory signed 7contracts to jointly promote the innovative development of the seed industry. 

Several university research institutes, laboratories, companies, and other industry insiders agreed to work together with the Laboratory on the selection and cultivation of new varieties of fresh corn, soybean, rice, sugar cane, banana, garlic, pepper, and other types of vegetables and tropical fruit trees. 

The laboratory signed cooperative agreements with a total contract value of over RMB 5 million.

INP/javed 

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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