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China Stockpiling Enough Grain: Xinhua

Current reserves of cereal crops are at historically high levels after several bumper harvests, a food security official said


A woman feeds her granddaughter in front of hanging corn on the outskirts of Kunming. Photo: Reuters

 

China’s total grain reserves are currently sufficient and stocks of major grains continue to increase, a senior food security official told Xinhua.

Supply in the domestic grain market is fully guaranteed, National Food and Strategic Reserves Administration official Qin Yuyun said, adding that China’s grain output in 2021 is projected to exceed 650 million tonnes for the seventh consecutive year.

China’s current reserves of grains are at historically high levels, Qin said, adding that with several bumper harvests, the country’s growing wheat stocks are sufficient to meet consumer demand for a year and a half.

Read the full report: Xinhua

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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