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China has no plans for high volume grain export
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China has no plan for high volume grain export in the coming period, said Zhang Xiaoqiang, vice minister of the National Development and Reform Commission.
Zhang said that the Chinese government is working hard to promote exports so as to boost the domestic economy, but at same time it will not relax its grain export for the purpose of ensuring domestic supply.
The Chinese government is aware that the level of balance between grain supply and demand in the country will have to be further enhanced, and the tense situation of supply and demand will continue to exist for a long time to come, he noted.
Zhang said that the current international financial crisis has negative influences and pressures on China, but will not affect China's stable grain production next year.
He also pointed out that China has no plan to grow crops overseas. Chinese farmers and enterprises will not go overseas to buy or lease other countries' land to grow grain corps in order to guarantee domestic food security.
Asia Pulse |