September 21, 2022 CFSI Staff

Goldman Sachs report predicts big aquaculture impact from China’s self-sufficiency drive

An ambitious subsidy program announced by the southern city of Shenzhen aims to increase the efficiency of China’s aquaculture industry by improving local larvae quality and breeding efficiency through improved genetics and the use of artificial intelligence.

The Shenzhen Municipal Fishery Modernisation Investment Measures Program will provide subsidies worth up to CNY 30 million (USD 4.2 million, EUR 4.2 million) to local firms working on technological advances in aquaculture in Guangdong, a key shrimp-production region…

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