date:Dec 20, 2012
with less expensive labor costs.
Domestic demand continues to strengthen
1. South Chinas seafood consumption is rising in line with increasing purchasing power. According to the Food and Agriculture Organization, seafood consumption in China is expected to reach almost 36kg per capita by 2020. Local consumers appetite for high value seafood continues amidst the slowdown in Chinas consumer economy.According to MOA, during the first three quarters of 2012, China imported 1.02 million tons of s