Australian plant-based meat product company v2food, a joint venture between CSIRO, Main Sequence Ventures and Hungry Jack’s franchisee Jack Cowin, has expanded its export reach into China. The company is now valued at more than half a billion dollars.
Despite reductions in export revenue, Australia’s supplements sector expanded during the pandemic, with firms pivoting to immunity products and finding new export markets.
China is boosting its resilience to supply-chain shocks by building high-tech vegetable-growing facilities close to cities across the nation.
According to a new report from AMR, the global market for health-promoting Reishi mushrooms will grow at a CAGR of 8.1% between now and 2027 to more than $6.5 billion.
A new model of grocery shopping is emerging in the US, similar to the door-dashery that’s been happening in Chinese cities now for some time.
in its latest half-yearly figures, Australia’s largest supplements manufacturer has reported record revenue from China and strong South-East Asian performance, offsetting for a slump in local sales.
Chinese company Shandong AWT Biotech has created a safe, healthy stimulant that, added to mango storage boxes, turns them into ‘mobile ripening chambers’, enabling suppliers to ripen mangoes fast, anytime, anywhere.
A new semi-conducting material developed by an Australia-China team at Queensland University of Technology will make smart devices used in IoT systems faster, more effective and less pricey to produce.
On 15 November 2020, Australia signed the Regional Comprehensive Economic Partnership (RCEP), alongside China, Hong Kong, Japan, New Zealand and all the ASEAN nations, together comprising the world’s biggest trading bloc.