National Development and Reform Commission: China’s grain market is always well supplied

China News Service, Beijing, November 6 (Wang Mengyao, Zhuge Ruixin) The current global grain market is experiencing intensified volatility, and geopolitical conflicts, extreme weather and other factors have impacted international grain production and trade. Kou Rong, deputy director of the Economic and Trade Department of the National Development and Reform Commission of China, said in Beijing on the 6th that the domestic grain market has always been well supplied and operating smoothly.

On the same day, the National Development and Reform Commission held a series of press conferences on the “15th Five-Year Plan” to introduce the situation of building a secure foundation. Kou Rong emphasized that China’s food security is firmly guaranteed during the “15th Five-Year Plan” period.

Kou Rong said that China has a vast territory, and different regions can complement each other in terms of abundance and abundance. If some areas encounter drought or floods, other production areas can cope with it, so the resilience of food production is strong. China has had bumper grain harvests year after year and has achieved "basic self-sufficiency in grains and absolute food security." The per capita grain possession exceeds 500 kilograms, which is higher than the world average and the internationally recognized food security line.

With food in hand and no panic in mind, abundant food reserves are the "ballast stone" for China's food security.

Kou Rong said that the grain inventory-to-consumption ratio of China's society is much higher than the international food security warning line of 17% to 18%, and the reserve capacity of finished grain and oil products in 36 large and medium-sized cities is more than 15 days. At the same time, the national standard grain warehouses have a intact warehouse capacity of 730 million tons, of which warehouses with low-temperature and quasi-low-temperature storage capacity exceed 250 million tons, which is equivalent to putting grain into a "big refrigerator" to keep it fresh and reduce losses.

In terms of processing capacity, there are about 24,000 grain processing enterprises of various types in the country. The total annual industrial output value of grain enterprises exceeds 4 trillion yuan. There is sufficient processing capacity for flour, rice, and edible oil. Finished grain and oil can be put on the market at any time, fully meeting daily consumption needs. There are more than 7,000 emergency grain processing enterprises at all levels, with an emergency daily processing capacity of more than 1.8 million tons of grain and oil. They can turn raw grain into rice, flour, and oil on the shelves at any time.