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UPDATE 1-China plans to issue biosafety certificates to domestic GM soybean, corn [Reuters]

Origin Agritech Limited (SEED) 
US:NASDAQ Investor Relations: originseed.investorroom.com
Company Research Source: Reuters
China plans to issue biosafety certificates to domestic GM soybean, corn BEIJING (Reuters) - China’s agriculture ministry said on Monday it plans to issue biosafety certificates to a domestically grown, genetically modified (GM) soybean crop and two corn crops, in a move toward commercializing GM grain production in the world’s top market. China will grant the certificate to SHZD32-01 soybean developed by Shanghai Jiaotong University, provided there is no objection during a 15-day period soliciting public opinion, the Ministry of Agriculture and Rural Affairs said in a statement. If approved, it will become China’s first GM soybean crop to receive such a certificate, a first step toward commercialized production. Dabeinong’s DBN9936 corn and double-stacked 12-5 corn developed by Hangzhou Ruifeng Biotech Co Ltd and Zhejiang University were also expected to receive the certificate. Beijing has spent billions of dollars researching GM crops, but has held back from commercial production o Show less Read more
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