“In the future, more and more rural people will go to the cities and customers will pay more attention to food safety and quality. Therefore, the ongoing direction of Chinese agriculture can only be in industrial-scale farming.”
- Keith Schneller, Director USDA
China and US Agribusiness Today
Keith Schneller, the Director of the U.S. Department of Agriculture’s Agricultural Trade Office in Shanghai, examined the mutual points of interest between U.S. and China agribusiness. He said China should take more steps to help Chinese agribusiness companies to develop exports and build brands.
“To eliminate food safety issues, China needs agribusiness entrepreneurs. Future Chinese farmers must learn and apply technologies to realize lean agriculture, increase agriculture’s total factor productivity, achieve value-added and differentiated products and services and meet the demands of consumers.”
- Edward Zhu, Founder and CEO of CHIC Group
Learning from U.S. Agriculture and Exploring Strategies for Chinese Agribusiness
Mr. Edward Zhu introduced the strategy of Chinese agribusiness under today’s economic and social conditions. He maintained that planning the strategy for Chinese agribusiness should focus on sustainable and strategic differentiation, including marketing, production, service and business model strategies, as well as enterprise development and business growth strategies. He hoped this symposium would add to participants’ knowledge and experience of agribusiness.
“Through challenges and changes, the Earthbound Farms’ brand’s sales were not affected, and to the contrary, even achieved further business growth as safety systems improved and were implemented.”
– Charles Sweat, President and CEO, Earthbound Farm
The Agribusiness Challenge: Scaling Your Business, Food Safety, Organic Farming, and Attracting & Retaining Talent
Mr. Charles Sweat, the President and CEO of Earthbound Farms (EBF) explained how his company became a world-renowned organic powerhouse. Earthbound Farms started from humble beginnings with a 2 acre family-owned farm and became America’s largest producer of organic food with $500 million in sales per year.
“China’s entire ag exports to the U.S. are equivalent to 2/3 of the value of one U.S. commodity sold to China (soybeans).”
- Colin Carter, UC Davis Professor, Department of Agricultural and Resource Economics
The Local and Global Agricultural Landscape
An internationally renowned agriculture specialist, UC Davis Professor of Agricultural Economics Colin Carter said that although Chinese agriculture is developing very fast, the urban-rural income gap, scattered regions and inferior efficiencies have lead to the disintegration of the agricultural sector’s structure. To illustrate his point, he said the sum total of China’s agricultural exports to the U.S. represents only two-thirds of the value of just one commodity that the U.S. sells to China – soybeans. He sees opportunity in this challenge as more and more rural Chinese will go to the cities and customers will pay more attention to food safety, which, he said, bodes well for the shift to industrial-scale farming in China.
UPDATE: Andrew Barkett is leaving his post as senior engineer at Facebook to bring his decade of experience in Silicon Valley to become the first-ever chief technology officer for the Republican National Committee.The June 4 announcement has stirred a whirlwind of media coverage, including the Huffington Post and Washington Post.Bark
Agilent Technologies’ Electronic Measurement Group is a $3.6 billion business that over the past decade has seen a dramatic shift in its customer base from U.S., and Western European customers to predominantly Asia-based customers. Today, the majority of the division’s revenues are generated outside of the U.S., with an increasing concentration in China.
(Davis, CA) — The UC Davis Graduate School of Management’s full-time MBA program has been ranked among the top six percent of AACSB International-accredited programs nationwide, according to U.S. News & World Report’s latest graduate business school rankings released today.