Despite the pandemic, the Chinese economy has closed ties with the global economy. Many countries rely heavily on Chinese-made products. At the same time, China is also an important market for the exports of other countries.
With the largest population in the world, China has a great market demand. Local seafood cannot fulfill alone the China’s consume. A large amount of seafood is imported from abroad every year. Although the current demand for imported seafood is declining due to the pandemic, it is expected that it will gradually recover as the pandemic situation improves.
As the supply of pork has been reduced due to African swine fever, there is still a great demand for meat protein in the Chinese market. Seafood as a high-quality meat protein has huge potential and there is room for growth in future sales.
The Chinese Government has been encouraging and expanding imports. The current pandemic situation in China has been completely controlled, especially after entering the third quarter, facilitating the Chinese market gradually returning on the right track.
