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Seafood Trade Advisory Group update
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Welcome to a special bumper edition of STAG ‘News Bites’, we've all been very busy over Chinese New Year, so here's the latest News Bites from the last few weeks!

STAG ‘News Bites’ contain informal translations of Asian media. If you would like more information about the articles below, please contact the original source, or Simon Liu at song.liu@frdc.com.au

Alipay claims mobile transactions hit $640 million during CNY in China

ZDnet, 26 February 2015

One of the most reported phenomena's this CNY holiday period was the use of digital media to give virtual hongbao (red envelopes filled with cash).  ¥4 billion ($642 million) worth of virtual hongbao were sent over 24-hours through Alibaba's Alipay, twenty times more than last year's ¥200 million.

(Read more)

Infograph: Chinese WeChat User Demographics, Usage, Official Accounts & Advertising


People’s Daily, 5 February 2015
In a few short years, WeChat has evolved from a messaging service to an all-encompassing social media-communications-commerce-entertainment platform.
(Read more)

Chinese Increasingly Know What They Want for New Year’s: Canadian Lobster

Sinosphere, 17 February 2015

While Australian rock lobsters are also popular, and tend to be larger, they are considered by many Chinese to have tougher, saltier meat than their Canadian counterparts.
(Read more)

China-S. Korea FTA to give opportunity for creating advanced industries

Xinhua News, 25 February 2015

China and South Korea initialled the bilateral pact Wednesday, about three months after the two sides concluded negotiations on it. The two countries began talks on the deal in May 2012.
(Read more)

Tongchuan Market Shanghai Busy with Customers for Spring Festival

 

BT Invest, 28 January 2015

The wholesale price of South African Abalones is 400 RMB yuan/500g, and that of Dalian Abalones is only 150 yuan/500g.
(Read more)

Ecuador’s Worries to CAPPMA about Vietnam’s Transit of Ecuadoran Prawns to China

CAPPMA, 8 January 2015

The Ecuadoran reps expressed worries to CAPPMA that currently a majority of Ecuadoran Prawns to China have been transited via Vietnam.
(Read more)

First Project in China - Aquaculture of Abalones in Seawater Pond on Land

Hangzhou News, 9 February 2015

Abalones do not have to be farmed in the sea, but they can also grow well in the pond of ecological seawater on land, with a better meat quality, and at more beneficial price.
(Read more)

More Affordable Australian Rocklobsters for Spring Festival in Zhejiang Province

Shaoxing Evening Paper, 10 February 2015 and Dushi Daily, 11 February 2015

As the Spring Festival is coming, the live Australian Rocklobsters in Gouzhuang Seafood Market, Hangzhou City, China are wholesaled at about 300 yuan/500g.
(Read more)

Canadian Trade Minister Hopeful of CKFTA

The Korea Herald, 15 February 2015

The Canada-Korea FTA was signed last September after nearly nine years of negotiations and went into effect on 1 January.
(Read more)

Singapore: Reunion Dinner Favourites Will Cost More This Year

The Straits Times, 13 February 2015

At Sheng Siong supermarket here, prices of its house brand canned abalone have fallen by 5 per cent to 15 per cent.
(Read more)
 

Singapore - Nightly Buzz at Jurong for the Catch of the Day

The Straits Times, 13 February 2015

Many hope the fishery port can become a bustling tourist attraction, like Fishermen's Wharf in San Francisco or Tsukiji Market in Tokyo.
(Read more)
 

Malaysia-Johor Temporarily Halts Fish, Prawn, Chicken Export to Singapore

Bernama, 14 February 2015

State Agriculture and Agro-based Industry exco chairman Ismail Mohamed said the move was to ensure sufficient supply of the food items for local consumption during Chinese New Year.
(Read more)
 

STAG News Bites are available at http://www.seafoodtradeadvisory.com
 

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