Saturday , May 4 2024
Home / Mike Norman Economics / Shanghai Daily — Farms warned to go green or close down

Shanghai Daily — Farms warned to go green or close down

Summary:
Farms failing to meet environmental requirements will be closed and fewer chemicals will be used in Shanghai's agricultural production. These are part of the city's endeavors to promote the construction of a green and modern urban agriculture. Quality is the name of the game. "Shanghai's agricultural development is more about its ecological function, and compared with quantity, we should focus more on quality," Zhang Guokun, director of the city's agricultural commission, said yesterday. "Agriculture accounts for only about 0.39 percent of the city's GDP," Zhang said, adding that the city's farmland is small and natural resources for agriculture is relatively limited. Zhang said the authority aims to decrease the usage of farm chemicals such as fertilizer in agricultural production,

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Michael Hudson writes China: Local Flowers Bloom

tom writes Europe’s foreign policy has been hacked and the consequences are dire

tom writes The corruption of US foreign policy & weaponization of antisemitism

Michael Hudson writes Understanding America’s Post-Industrial Economy

Farms failing to meet environmental requirements will be closed and fewer chemicals will be used in Shanghai's agricultural production.
These are part of the city's endeavors to promote the construction of a green and modern urban agriculture.
Quality is the name of the game.
"Shanghai's agricultural development is more about its ecological function, and compared with quantity, we should focus more on quality," Zhang Guokun, director of the city's agricultural commission, said yesterday.
"Agriculture accounts for only about 0.39 percent of the city's GDP," Zhang said, adding that the city's farmland is small and natural resources for agriculture is relatively limited.
Zhang said the authority aims to decrease the usage of farm chemicals such as fertilizer in agricultural production, shut down farms that could not meet environmental protection requirements, recycle more agricultural waste, improve the environmental conditions of local rivers and soil along with the agricultural development and to make good damaged environmental land.
The authority will also integrate agriculture with secondary and tertiary industries, he added, such as building up more local agricultural brands and integrating with rural tourism to produce an industry chain with more added value....
Ecns.cn
Farms warned to go green or close down
Shanghai Daily
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *