Guangzhou, Guangdong -- (SBWire) -- 07/07/2011 --The latest issue of Crop Protection China News has come out on June 30th , 2011, indicating the Implementation Measures on pesticide industry to offer a more flexible condition for the pesticide dealers in Hainan.

On 24 June 2011, the Implementation Measures of Hainan Province Pesticide Wholesale and Retail Business License Management Regulation (Trial) has been approved, which offers a more flexible condition for the pesticide dealers in Hainan and allows the cities and counties in Hainan Province to adjust the number of retail enterprises in local areas, according to the actual situation of local agricultural development, the location of state-owned farms and traffic conditions, etc.

According to the Implementation Measures, till 2013, there will be no more than three pesticide wholesale enterprises left in Hainan with registered capital of over USD15.2 million.

Each of these pesticide wholesale enterprises can set up 18 distribution centers in Hainan. As for pesticide retail enterprises, the upper limit number is set to be only 205 in the whole island and the registered capital of the retail enterprise should not be less than USD152,000.

The Implementation Measures will encourage the pesticide business to some extend, boosting the new development of pesticide industry in Hainan.

More news about the industrial policy update, company dynamics, market price, and future trend of China’s crop protection industry are unveiled in the latest issue of Crop Protection China News .

The following highlights are covered in the latest issue of Crop Protection China News:
-13 provinces in southern China have suffered from floods caused by continuous downpour recently.
-Outstanding problems of adding recessive composition exist in Guangdong Province.
-A hot discussion about food safety triggered by the use of plant growth regulators.
-The implementation measures of Hainan's new pesticide management policy have been on trial recently.
-New adjustment to export rebate policy is under discussion.
-Jiangsu Huifeng making efforts to reduce raw material costs.
-China Agri-Business plans to temporarily host Shaanxi Qinfeng.
-A number of listed pesticide companies have reduced their pesticide business, shifting to other businesses.
-Zhongchuan Mining and Qinghai Salt Lake signed a strategic agreement of intent to explore a potash mine together in Canada.

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