(Reporter: Bob Juergens; Videographer: Christopher Shenkle; Photographer: Robert Gongora; Editor: Raymond Chen )
2018 Global Agriculture and Food Industry Forum (BIG-GAFI Forum) was held on September 25th, 2018 in New York. The venue was Viceroy Central Park in Manhattan, as shown in above picture. Multiple renowned business specialists attended the conference, including co-found of Marcum Group Mr. Neil Pinchuk, CEO of Global Growth Advisory Mr. Osten Johanson, President and CEO of Beijing Bric Group from China, etc.
Currently, the adjustment of Sino-US trade policies has a huge impact on the global agriculture and food industry. The impact of its policy impact on future global agricultural trade is the focus of the industry, especially on US-CN agriculture and food industries.Therefore, in this context, BIG-GAFI Forum is launched in New York by representatives of Chinese and American companies, aiming to provide an open communication platform for global agriculture, food enterprises and investment institutions.
This conference is the preparatory meeting of the BIG-GAFI Forum in New York. Under the theme of "the adjustment of American foreign trade policy and its impact on US-CN agriculture and food industry", business leaders and scholars in the field of US-CN agricultural trade are invited to attend this conference.
Speaking from the perspective of American companies, Neil Pinchuk, a partner at Macum group in New York, said the trend would continue as the US and China have been important trading partners for years. However, the adjustment of the US trade policy also has a lot of complex impacts on the US-CN trade. The future trade development between US and China faces challenges. As a company, we should see the opportunities behind these challenges.
Co-founder of Marcum Group Mr. Neil Pinchuk accepted the interview by New York ZUN Media. Marcum Group is an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management and executive and professional recruiting. ... Marcum LLP is one of the largest independent public accounting and advisory firm, with over 1300 professionals and over 20 offices in multiple states in America.
Neil Pinchuk, a cofounder of Marcum, has more than 30 years of experience advising public and non-public companies in diverse industries including manufacturing, wholesaling, retail, professional practices, nonprofit entities, investment funds, broker-dealers, and real estate. He is considered a technical expert in areas including multi-state taxation, partnership and corporate taxation, U.S. taxation of foreign companies and investors, payroll and sales taxes, and taxability of like-kind exchanges.
According to Neil, Marcum started business in China about 20 years ago, now has 6 offices in China and has served over 100 Chinese companies, and helped many of them listed. Neil held, the trade friction between US and China right now won’t be a “nuclear bomb”, when both countries suffer loses, it is the time for them to come back to the negotiation table.
Mr. Osten JOHANSON, CEO of Global Growth Advisory, made an authoritative analysis of the development status of Global financial markets.Moreover, he also predicted the stock markets of the global agriculture and food industry, believing that the resources in US and European agricultural sectors are complementary to China's agricultural development. In the future, these resources will bring more value to the sustainable growth of China's agriculture.
SUN tong, President and CEO of BRIC agriculture group, said that the current background of international trade is both a challenge and an opportunity for the development of agriculture and food industries in China and US.As an enterprise with an international perspective, it should analyze the current situation from a strategic perspective, focus on the development of the industry itself, and maintain positive communication between enterprises.Taking the rapid growth of BRIC's business in recent years as an example,Mr. SUNalso discussed how US-CN agriculture-related enterprises can catch the rapid development trend of Chinese agriculture and cross-border e-commerce to form a benign complementary industrial advantage and create a win-win situation.
Mr. Sun Tong, president and CEO of Bric Group from China, accepted the interview by ZUN Media. According to SUN, Bric developed from an agricultural information company to agricultural consulting, and to the current B2B agricultural E-Commerce platform. He began to visit America in July this year, and found rich opportunities in Sino-US trading.
The escalating CN-US trade war has caused incalculable losses to the economy, trade and agriculture of the two countries.The entire crop production and breeding industry are suffering heavy losses from the trade war, which is furthermore impacting the agricultural processing, distribution, machine producing, seeds, fertilizer etc. in the food supply chain.The trade war causes the US to lose China’s market share, to undergo profound changes in the production structure, to suffer from oversupply and falling prices, to go through the sowing area reduction of soybean and corn, to endure farm income decrease and employment contracting.
As a country with 1.4 billion populations, China is short of per capita resources. China has the reality require purchasing agricultural products from the US, who has a complementary industrial structure with China. Chinese consumers are willing to buy more products from the US, especially those with high quality and low price.
The escalating CN-US trade war has caused incalculable losses to the economy, trade and agriculture of the two countries.The entire crop production and breeding industry are suffering heavy losses from the trade war, which is furthermore impacting the agricultural processing, distribution, machine producing, seeds, fertilizer etc. in the food supply chain.The trade war causes the US to lose China’s market share, to undergo profound changes in the production structure, to suffer from oversupply and falling prices, to go through the sowing area reduction of soybean and corn, to endure farm income decrease and employment contracting.
As a country with 1.4 billion populations, China is short of per capita resources. China has the reality require purchasing agricultural products from the US, who has a complementary industrial structure with China. Chinese consumers are willing to buy more products from the US, especially those with high quality and low price.
President Sun introduced that Bric had established business tie with local firm in NYC Xhome, aiming to connect American companies with Asian market. Sun believes American agricultural products especially organic products have very huge market in China. After NYC, they will branch in Sao Paulo and Jakarta.
Xhome Company President, BIGAgri CEO David Quan, tells us that in the field of agriculture and food industry between China and the United States has much complementary, although it is affected by a trade war. Xhome is engaged in cross-border e-commerce business, and the business market in China is still growing rapidly. Chinese consumers have huge demand for high-end organic agricultural food produced in US. New BIG Agri will focus on cross-border agricultural trading, providing market information, strategic advice and investment and financing services for US-branded food and organic agriculture into emerging markets.
Mr. Sun remarked that the trade war hurts both countries; Bric has been ready to facethe new spring after the trade war ends.
At the meeting, Xhome Inc., signed a strategic cooperation agreement with NONGMUREN.COM, an e-commence mall in Jiangsu, China, to provide Chinese consumers with more high-quality organic agricultural products. This is a large market with nearly 1.4 billion people and all parties are full of expectations.
John Fiore, CEO of Asian Market of ZUN Media, expressed sincere support to Bric and the optimistic outlook of the Sino-US trading relationship.
John Fiore, CEO of Asian Market of ZUN Media, expressed sincere support to Bric and the optimistic outlook of the Sino-US trading relationship.
The delegates agreed that China and US should stop trade wars, reducing the damage to agricultural interests and jobs, and not let agriculture and farmers bear the consequences of retaliatory trade measures.We hope that the two countries can effectively resolve the differences between China and US through negotiations and that China-US economic and trade relations will develop in a healthy way. We are looking forward to win-win cooperation in global agriculture and food.
President Sun Tong of Bric Group (right) was communicating with media and business professionals.
Group photo of some Chinese attendees and media representatives.
The Chinese enterprise representative of the conference is also one of the initiators of the Forum. Since its establishment in 2008, BRIC Agricultural Group has explored a path to serve the agricultural modernization transformation through the innovation of “Big Data+Industrial Internet+ Finance” and has become a leading intelligent agricultural solution provider in China, undertaking several agricultural consulting projects of the world's top 500.In the future, BRIC will further strengthen international agricultural exchanges and cooperation and promote the development of modern agricultural industry with the intelligent agricultural ecosystem.BRIC will take an open stance, establishing itself in China and then go global, and contribute to the new future of world agricultural development.
