China plans to sell national reserves after the Spring Festival to reduce storage costs
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Last Update: 2001-02-08
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Source: Internet
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Author: User
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China plans to sell more than 1 million tons of rice, corn, soybeans and wheat it stores this year This can reduce the financial pressure on food storage allocation Officials at the Ministry of agriculture haven't yet decided on the size, timing and location of the sale, but they say the public wants the country to act after the new year An official of a government think tank, analyzing the country's food situation, said that at present, the total amount of food stored in the country is relatively high, and the government has been using a large amount of financial subsidies to maintain such high reserves The government wants to reduce the burden on storage, especially given the high price of corn in the domestic market China has many similar offers, such as Heilongjiang in the northeast, Jilin, Hunan and Jiangxi in the south China feed industry information network nzz (author:)
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