TW sets up tech fund
2013-04-19
p>April, 19, Tongwei Co., Ltd. held 2013 Tongwei Aquaculture Science and Technology Forum in Chengdu. Former Minister of Agriculture Qi Jingfa, Secretary General of China Feed Industry Association Li Xirong, Deputy Secretary General Sha Yusheng, Chairman Liu Hanyuan, academicians Lin Haoran, Mai Kangseng from Chinese Academy of Engineering, as well as professionals, experts, entrepreneur elites from the aquaculture sector gathered to the event.

Themed with ’the Power of Technology’, the forum announced the initiation of Tongwei Science & Technology Wealth Creation Activities, as well as the establishment of Tongwei Science & Technology Award Fund of RMB¥100 million.

The Fund is designed to aid research fruits and findings in aquaculture, livestock and poultry farming sectors, and award the recipients in their quest to create lasting impressions in technique improvements and technique transfer practices through increased financial support. The highest amount of award reaches RMB¥1 million.

Chairman Liu mentioned at the forum, a number of issues including China’s aquaculture model tradition, insufficient technical innovation, hysteretic scientific application, and high market risks. China’s aquaculture is in dire need of systematic technique innovation. Mr. Liu said, China’s aquatic product output has ranked the world’s top for 22 years, and has been the only country in the world whose farming output exceeds capturing output. As the world’s population sees an increase of 2 billion by 2030, the demand for aquatic products will double and reach 85 million tons. To maintain the current consumption level of fish products, the world’s annual fish product output will need to increase ¥37 million tons. Aquatic products will be the only means to this end. Under such circumstances, science and technology promotion is imperative for aquaculture. The purpose of setting up the Forum and the Fund is to establish a unique platform for technology information exchange, and share new findings to tackle problems.

Focusing on the Road of Change and Sustainable Develop for Aquaculture Industry, the invited guests gave speeches on issues of breeding research of aquaculture varieties, breeding technique and modern biotech combination, select breeding of new varieties, setting up breeding bases and industrial demonstration bases, as well as challenges and opportunities facing China’s aquaculture in 10 years.