ChemChina President Yang Xingqiang attended the signing ceremony with China Grain Reserves Corporation at the CIIE and delivered a speech. Yang stated that the signing of the soybean supply agreement between Syngenta and CGRC will give full play to their respective advantages and truly realize the cooperation of the whole industrial chain. He expected to achieve common development on this basis and push the cooperation of the two sides to a new level. Under the background of the domestic big cycle as the main body and the domestic and international dual cycle promoting each other, the cooperation will make contributions to China's food security.
The two sides reached a purchase intention on imported soybeans from Brazil, Argentina and Uruguay, with a purchase scale of 1.2 million tons and an amount of more than 500 million US dollars.