This report will be analyzed: How will the structure of China's corn deep-processing products change; whether will domestic demand and export be better; how will the international market and the nation’s corn deep-processing industrial policy change in the context of a surge in corn import volumes and a renewed emphasis on food safety of the nation,

Background
In recent years, China corn deep-processing industry gradually entered the phase of adjustment and integration. Firstly affected by domestic policies and global economic situation, the overall industry growth rate decreased and the phenomenon of excessive production capacity began to be highlighted, which led to industry consolidation.
 
The domestic demand for corn deep-processing products in 2010 is poor and the industry is still in a downturn period. However, the industry's production capacity is more concentrated on less enterprises in main corn-producing areas; subject to the corn supply and cost, deep-processing enterprises not in main corn-producing areas gradually quit the market; under the influence of the decline of growth rate and profit in traditional deep-processing products market, some enterprises transformed to new technologies and new products to exploit more profit.
 
In addition, the influence of international market on China's corn processing industry increased, which brings more risks. From January to October in 2010, China imported a total of 1.48 million MT of corn, while the figure of whole last year was only 84,000 MT; the industry has predicted that China would witness large quantities of corn imports. Livestock farms becoming larger, big animal-processing groups tending to export more and the proportion growth of private sectors in l corn import quotas will encourage more corn import, thus making domestic corn prices be affected more by the international market. In addition, affected by the continuous decline of comparative income of farming and reduction of arable lands, China's corn output growth is weak.
 
As domestic corn market will be more open and more affected by international market, the state is also expected to strengthen policy support, including more farming subsidies and state corn reserve policies.
 
Changes in domestic and international corn market generated far-reaching effects in 2010, the year in which China began to import large quantities of corns; while in 2011 the industry will face more uncertainties. How will the structure of China's corn deep-processing products change; whether will domestic demand and export be better; how will the international market and the nation’s corn deep-processing industrial policy change in the context of a surge in corn import volumes and a renewed emphasis on food safety of the nation, in this report these issues will be analyzed, studied and judged for the readers.