皇冠体育app

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Cereal imports soar but 皇冠体育app remains comfortable

(Xinhua) Updated: 2014-08-09 15:33

皇冠体育app's soybean imports rose 8.6 percent year on year to reach 63.38 million tons in 2013.

Some grain dealers also resorted to filling warehouses with imports as precautionary measures amid concerns that drought in central 皇冠体育app's grain growing areas, the worst in decades, might affect winter wheat production.

Still, 皇冠体育app's corn and rice inventories remain at relatively high levels that are enough to feed the population for six months, Cheng said.

Early in June, Zhao Shuanglian, chairman of 皇冠体育app Grain Reserves Corp (), proposed stockpiling domestic grain and certain imports for national grain reserves that could cover almost 20 percent of national consumption by 2020.

According to Zhao, roughly 80 percent of grain warehouses will be filled by domestic production and the rest will be covered by imports.

 

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