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China eyes flower sales of over $100B

BEIJING: China aims to realize the modernization of its flower industry by 2035, with the annual flower sales surpassing 700 billion yuan (about $101.28 billion).

As of 2035, China will basically develop a comprehensive system for flower germplasm resources protection, with the market share of major home-bred varieties reaching 25 percent, according to the development plan jointly issued by multiple government organs including the National Forestry and Grassland Administration and the Ministry of Agriculture and Rural Affairs.