Core Viewpoint - The article emphasizes the importance of biomanufacturing as a key emerging industry in China's economic transformation, highlighting its potential for sustainable development and economic benefits [1][3]. Economic Benefits - Biomanufacturing can convert waste into valuable resources and enhance cost efficiency. A newly developed enzymatic technology can convert 100% of nine types of crop straw into various industrial raw materials, reducing the cost of produced pulp by 30% to 40% compared to traditional chemical methods [2]. - The total scale of China's biomanufacturing industry is approaching 1 trillion yuan, with fermentation capacity accounting for over 70% of the global market. By 2030, industries currently contributing one-third of global GDP are expected to be reshaped by synthetic biology applications [2]. Sustainable Development - Biomanufacturing has significant low-carbon attributes, making it a crucial pathway to achieve carbon neutrality goals. Biobased products in the chemical sector can reduce emissions by 50% to 70% compared to petrochemical routes. A 30% substitution rate in the chemical and materials sectors could lead to a cumulative reduction of over 1.5 billion tons of CO2 by 2030 [3]. - Technologies in biomanufacturing can even enable "negative carbon" outcomes, as demonstrated by Shougang Longze, which utilizes steel industry waste gases to produce feed protein and fuel ethanol [3]. Policy Support and Development - The "14th Five-Year Plan" has identified biomanufacturing as a key development direction, with previous policies dating back to 2012 emphasizing the establishment of a biomanufacturing technology system [3]. - Recent initiatives by the Ministry of Industry and Information Technology and the National Development and Reform Commission aim to cultivate biomanufacturing pilot platforms and promote the integration of biotechnological industries [4]. - The collaborative efforts of government, industry, academia, and research will accelerate the commercialization of biomanufacturing innovations, creating new employment and entrepreneurial opportunities [4].

Core Insights - The China International Supply Chain Promotion Expo serves as a vital platform for companies to showcase innovations and deepen collaborations within the supply chain [1][2][3] - The expo emphasizes the importance of maintaining a stable and open global supply chain network, aligning with the strategic goals of companies like Louis Dreyfus [2][3] Company Overview - Louis Dreyfus Company, established in 1851 and headquartered in Rotterdam, operates across various sectors including coffee, cotton, grains, and logistics [1] - The company has been engaged in the Chinese market since 1973, being the first foreign wholly-owned trading company in agricultural products [1][6] Market Trends - There is a significant increase in demand for high-quality protein in China, with per capita meat consumption rising from 26.7 kg in 2017 to 39.8 kg in 2023 [4][5] - The growing middle class and diverse consumer preferences in China present new opportunities for companies to expand into higher value-added product areas [4][5] Strategic Initiatives - Louis Dreyfus is focusing on enhancing its core trading capabilities in China, particularly in corn trading and expanding feed protein production [4][5] - The company is investing in new processing facilities globally, including in Canada and Eastern Europe, to strengthen its supply chain resilience [4][5] Sustainability Efforts - The company is committed to sustainable agricultural practices, aiming for zero deforestation and zero conversion of primary vegetation in its supply chain by 2025 [9][10] - Louis Dreyfus has expanded its satellite monitoring to cover 80% of high-risk areas in its global supply chain to ensure responsible sourcing [9][10] Local Development - The establishment of the Qingdao Food Technology Industrial Center marks a significant milestone for Louis Dreyfus in enhancing its local operations and supporting the transformation of China's agricultural and food industry [8] - The center is expected to produce 1.5 million tons of feed protein, 370,000 tons of refined oil, and 15,000 tons of phospholipids annually [8] Collaboration and Innovation - The company is actively engaging with local partners to promote sustainable logistics and innovative agricultural practices, contributing to China's green economic transition [11] - Louis Dreyfus has set clear emission reduction targets, aiming for a 33.6% decrease in scope 1 and 2 emissions by 2030 compared to 2022 levels [10][11]