Chinese top retailers ready to tuck into US beef imports after 14-year wait
BEIJING: China’s top online retailers and US superstore giant Walmart are scrambling to satisfy the voracious appetites of consumers excited about the first American beef to arrive in the world’s most populous nation in 14 years.
“I am a frequent buyer of steak so I can tell the quality by its colour and marbling,” said one woman on Thursday at a Sam’s Club store in Beijing owned by Walmart. She selected a 211 yuan ( US$ 31.13) pack of newly arrived US steak over her usual choice from Australia.
“This looks tasty, worth a try,” she said, declining to be named. Other shoppers at the store said imported beef was superior in quality and worth its hefty price.
Beef is the fastest-growing meat sector in China, outstripping stagnant demand for more widely eaten pork, with consumers seeking healthier sources of protein and adopting Western eating habits.
China’s beef imports hit US$2.6 billion last year, making it the world’s fastest-growing overseas market for the meat. Consumer excitement about the lifting of a 2003 ban due to a scare over mad cow disease looks set to help US beef grab a significant share of that demand.
US Secretary of Agriculture Sonny Perdue is in Beijing to mark the return of US beef to China.
Perdue and US Ambassador Terry Branstad on Friday met with Chinese Agriculture Minister Han Changfu and Vice Premier Wang Yang.
Branstad, who arrived in the capital this week to take up his post, said he hoped the return of US beef would be one of several deals agreed under the 100- day trade talks between the world’s top two economies.
Other deals he would like to see signed would be to allow imports of more varieties of US genetically modified corn and soybean and to finalise a deal on letting US rice into the country.
“We’re very hopeful that what’s been worked out so far is just the beginning of a significant growth in our trade relationship,” Branstad said at the meeting.
Some of the millions who buy food online are expected to join the woman in the Sam’s Club store as some of the first to buy US beef in China in more than a decade.
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Social media has been buzzing for weeks with those ready to tuck into American steak.
“American steak is delicious,” said one user on China’s Twitterlike Weibo service. “It doesn’t have the mutton smell of domestic beef.”
Womai. com, owned by food giant COFCO, said it had received more than 1,605 orders for beef from US meat giant Tyson by late Wednesday.
JD.com, one of the country’s biggest online retailers, has started pre-sales of US beef ahead of the product’s availability from mid- July. — Reuters
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