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Chinese lawmaker warns of over-reliance on vegetable oil imports


14:10, March 10, 2012

BEIJING, March 9 (Xinhua) -- A lawmaker warned Friday that China's supply of edible vegetable oil has become too dependent on imports, threatening the nation's vegetable oil security.

Wang Ling, a deputy to the National People's Congress, China's top legislature, said domestic vegetable oil took only a 37-percent market share in 2010, a sharp decrease from 60 percent in 2000.

The declining trend is very likely to continue, said Wang, who is also the local Communist Party of China (CPC) chief of Jingmen city in central China's Hubei province, a major producer of rapeseed.

Wang also warned of foreign dominance in the oil processing industry, since 64 of China's 97 largest oil producers are foreign-invested.

This could have an impact on the government's ability to control the market and therefore threaten vegetable oil security, she said.

Wang proposed more efforts to encourage the production of oil crops, including rapeseed, peanuts, soybeans, cottonseeds, sunflower seeds and sesame, to increase the supply of domestic vegetable oil.

China leads the world in the production of rapeseed and peanuts, according to Wang.


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