8 global seed industry giants expand market in Hainan
In recent years, many global seed industry giants have rushed to the Chinese market in quick succession. Hainan has seen 8 seed industry companies in its seed market on the breeding of crops, vegetables and fruit trees.
Instead of directly setting up their bases in Hainan, these companies have taken the form of joint ventures with Chinese seed companies.
Among them 2 companies are in corn seeds, one in rice seeds, and others are developing business in vegetable and flower seeds.
Places like Sanya, Ledong and Linshui, which have unique climate conditions, are good for the breeding of seeds of high quality, said the Shengnisi Beijing Limit Co. Ltd. They will take full advantage of climate and soil conditions of Hainan Province to breed more varieties of vegetables to meet the needs of domestic and international markets.