China owns 7% of the arable land in the world, but it uses 35% of the total amount of chemical fertilizer and pesticide used in the world

China using 35% of the world’s chemical fertilizer

Staff Reporter

2013-11-14

The excessive use of chemical fertilizer needs to be curtailed to improve China’s soil quality, said Mao Yushi, a Chinese economist, at a conference on ecology and agriculture held in Beijing on Nov. 9. “Our country has the highest concentration of chemical fertilizer use, which has a seriously damaging effect on the soil,” said Mao in a Beijing Times report. Statistics presented during the conference show that the number of patients with chronic diseases in China has been growing annually by 3 million. Some experts regard food safety problem to be the main cause.China owns 7% of the arable land in the world, but it uses 35% of the total amount of chemical fertilizer and pesticide used in the world. Mao advocates dropping any agricultural practices that require high amounts of pesticide, chemical fertilizer and pollution.

Ecological agriculture should be the goal for China. The government should raise farmer’s income, improve soil quality and establish the public’s trust for organic food, Mao said.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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