For the first time, Guangdong Evergreen Group will export shrimp seeds to Vietnam, Chen Dan, chairman of Guangdong Evergreen Group, told the Global Times. The export deal is the latest development of the Chinese Belt and Road initiative.

Guangdong Evergreen supplies about 10% of all whiteleg shrimp seedlings in China. The country has developed its own shrimp lines and nowadays only relies on foreign seed shrimp on 30%. Even though there is increasing demand in China for seed shrimps, Chen noted the importance of opening up the Southeast Asian market.

Guangdong Evergreen supplies about 10% of all whiteleg shrimp seedlings demand in China. The country has developed its own shrimp lines and today is only 30% dependent on foreign seed shrimp. Although there is a growing demand in China for shrimp seeds, Chen stressed the importance of opening up the Southeast Asian market.

“Seed shrimps bred by Chinese companies are more accustomed to the Asian environment, and the transport distance for seed shrimp exports is also much shorter, giving Chinese seed shrimps a natural advantage over the US seed shrimps sold to these markets,” Chen said.