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China's eight-month pesticide investment up 36%

Investment into the Chinese pesticide industry rose by 36.2% in the eight months to August 2010 on the same period last year to some Yuan 16,770 million ($2,529 million at the current rate), reports the Chinese agricultural newswire, CNagri.com. Biopesticide investment increased 70.8% to Yuan 6,960 million ($1,050 million), accounting for 41.5% of all pesticide investment, up 8.4 percentage points on last year. Outlay on chemical pesticides climbed 19.1% to Yuan 9,810 million ($1,479 million) during the period.

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