From July 18th to 19th, 2024, one of China's most influential forums in the agrochemical industry, the CPEW (China Pesticide International Market Development Exchange Conference), was held in Hangzhou. The conference, co-organized by the World Agrochemical Network and the Zhejiang Provincial Pesticide Industry Association, brought together nearly 600 representatives from over 230 global companies. The event focused on discussing how China's pesticide industry can reshape its new image in the international pesticide supply chain, explore innovation potential and value creation points, enhance adaptability and resilience to market fluctuations, and help agrochemical companies find their positioning and achieve collaborative innovation and sustainable development in the new global industrial structure.

Picture from: CPEW

Chengdu Newsun Crop Science Co., Ltd. (hereinafter referred to as "Chengdu Newsun"), as a co-organizer and representative enterprise of biological pesticides, was invited to attend the conference and delivered a keynote report titled "Development of Integrated Bio-Agricultural Solutions Based on Natural Products."

Picture from: CPEW

The report shared the general situation of the development of biopesticides in China. Chengdu Newsun believes that although the current Chinese pesticide market is still dominated by chemical pesticides, the market size of biopesticides in China has already exceeded 10% of the overall pesticide market size in 2022. With the continuous promotion and implementation of the national high-quality green agricultural development strategy, the continuous breakthroughs in biotechnology, and the increasing consumer demand for high-quality green agricultural products, the Chinese biopesticides market is facing a broad space for development.

The future development trends of Chinese biopesticides mainly include the following four directions: First, biotechnological innovation will become the core driving force for the development of the biopesticide industry; second, biopesticide products will show a trend of diversified development to meet the needs of different markets and crops; at the same time, biological pesticides will develop in coordination with chemical pesticides, together building a more comprehensive plant protection system; finally, Chinese biopesticide enterprises will actively seek strategic cooperation with international agrochemical giants to jointly explore the global market and enhance international competitiveness.

The report also introduced Chengdu Newsun's innovative ideas and classic application cases in the field of biopesticides. Through its years of accumulation in the field of natural products, Chengdu Newsun has developed a range of products according to their functions, including Biopesticides, Biological Plant Growth Regulators, twelve functional Biostimulants, and several microbial pesticide products that are in the process of being commercialized. The combination of "biological pesticides + chemical pesticides" is the future development trend of the plant protection market in China and even globally, because biopesticides can reduce the resistance of chemical pesticides, and their combined use can enhance efficacy and promote plant health.

In addition, Chengdu Newsun utilizes synthetic biology and gene editing technologies to gradually reduce the production costs of biopesticides and address the conflict between the cultivation of medicinal plants and the competition for arable land, thereby addressing the current challenges in the application of biopesticides.

Looking ahead, Chengdu Newsun will continue to focus on agricultural biotechnological innovation and application, maintain a high proportion of R&D investment, concentrate on existing research directions, serve the challenges faced by crop growth and the major agricultural production needs of the country, and strive to become one of the most competitive agricultural biotechnology enterprises in the world.

This CPEW conference not only provided Chengdu Newsun with a platform to showcase its innovative achievements but also offered global experts and enterprise representatives in the plant protection industry an important opportunity to jointly discuss innovative solutions and cooperation opportunities. Chengdu Newsun will continue to dedicate itself to promoting the development of China's biopesticide industry and providing more diversified and sustainable solutions for global agriculture.