New Report Examines the Five Year Outlook for China's Wheat Industry

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c87181) has announced the
addition of Special Report on China's Wheat Market Proposal to their
offering.

Since the 16th CPC National Congress issues concerning
agriculture, countryside and farmers have become the focus of economic
work. Food production has become a priority to ensure food security.
Top leaders of the Party and State have paid great attention to wheat
production and that is why Chinas wheat production has reaped good
harvests for four years in a row. The 17th CPC National Congress once
again highlighted three rural issues and food security issues.

Nevertheless, the second half of 2007 saw the rapid dollar
depreciation. International agencies predicted strained supply of
agricultural products, leading to the global surge in the prices of
agricultural products, particularly the international price of wheat.
The domestic price of wheat also tumbled. Wheat and flour witnessed a
sharp short-term rise in their prices. Wheat processing industry
experienced a tremendous impact, while domestic economy witnessed
structural inflation.

To prevent the overall inflation, on December 7th, 2007, the new
central leadership pointed out, at the central economic work
conference, the need to implement tight monetary policies to control
macro-demands. We must focus our efforts on agricultural production,
and increase the availability of food. At the same time, it was
pointed out that we should vigorously develop modern industrial
system, accelerate the formation of new edges for competition on the
basis of scientific and technological progress and innovation, contain
the excessive growth of sectors with high energy consumption and high
emissions, eliminate backward production capacities, promote the
orderly flow of factors of production, guide the rational distribution
of industry and improve coordination of regional development.

Faced with the current macroeconomic situation, national policy
guidance and fierce competition in the wheat processing industry,
where are China's wheat industry and wheat products heading for?

For two consecutive years, flour and wheat flour prices rose
sharply. Does China have adequate wheat supply? Is wheat supply
sufficient in 2008? How will wheat supply evolve for the next 5-10
years?

Given a series of national policies, what is the wheat processing
industry faced with? What is the trend for the next 5-10 years?

BOABC organized working groups of industrial experts to conduct a
series of investigations among enterprises at the grass-root level and
obtained a series of detailed first-hand data sets. Their
forward-looking expositions of the industry provide reliable reference
for relevant enterprises, government decision-making bodies and
relevant research institutions.

For more information visit
here.

Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

Copyright Business Wire 2008