According to the information, the imported soybean exceeded 210,000 tons in the busiest Sino-Russian Heihe Port in 2017 with the value as USD 64, 520,000 due to the reasons such as: The exchange rate of Russian Ruble was slumping continuously; Russian grain was recognized by Chinese consumers. Both the imported amount and value hit a new high.

Heilongjiang Province is adjacent to Russia with abundant land resources. The production costs for the planting in China and Russia such as the seed, pesticide and labor and so on are nearly the same, but there is a fairly wide gap for the land costs. The land rental in Russia is low. In addition, there are very strict requirements for grain planting with EU standards implemented for the detection and there are high product standards. Thus, the “green and pollution-free” overseas returned grain is very popular with the Chinese people.

According to the information published by Heilongjiang Entry-Exit Inspection and Quarantine Bureau, up to December 31, 2017, the imported soybean in Heilongjiang Heihe Port was 210,100 tons in total and the value was about USD64, 516,400 with the year-on-year growth rates of 13.02% and 6.04% respectively, hitting a new high.