China imports 21.4 million tons of corn from January to August, imports of wheat and rice increase year-on-year

In recent years, China’s annual imports of over 100 million tons have become the norm

From the perspective of the grain import structure, the proportion of soybean imports has fallen, while the proportion of imports of corn, wheat and rice has risen

2020 is destined to become a critical year for China's grain imports

In order to avoid excessive imports of the three major staple foods from impacting domestic industrial security, China has implemented an import tariff quota management policy for corn, wheat and rice, with a 1% tariff on imports within the quota and a 65% tariff on additional imports

With the global corn price rising this year, the tariff on imported corn is as high as 65%.

Ensuring the security of the domestic food industry through high tariffs is a common practice in all countries in the world

From the perspective of the grain import structure, the proportion of soybean imports has fallen, while the proportion of imports of corn, wheat and rice has risen

2020 is destined to become a critical year for China's grain imports

　　In order to avoid excessive imports of the three major staple foods from impacting domestic industrial security, China has implemented an import tariff quota management policy for corn, wheat and rice, with a 1% tariff on imports within the quota and a 65% tariff on additional imports

　　With the global corn price rising this year, the tariff on imported corn is as high as 65%.

　　Ensuring the security of the domestic food industry through high tariffs is a common practice in all countries in the world