The World Bank has approved a $400 million loan to help China improve food safety management and reduce food safety risks.
The cost of foodborne diseases in terms of human capital productivity loss in China is estimated at more than $30 billion per year, almost 50 percent of the total economic burden of foodborne infections in Asia, according to the World Bank.
The COVID-19 pandemic has exacerbated food safety challenges in processing, packaging, and transporting agricultural products. Improvements in food safety standards are important for China’s trading partners and agricultural export competitiveness.
The China Food Safety Improvement Project will strengthen
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