China's grain market will further open up

Introduction: led by the office of the State Council, led by the office of the State Council, composed of the State Administration for Industry and commerce, the State Food Administration, together with the development research center of the State Council, the Research Office of the State Council, the State Planning Commission, the State Economic and trade Commission, the China Securities Regulatory Commission, the Ministry of agriculture, the China Agricultural Development Bank, the China Grain Reserve Management Corporation, etc“ The task force has recently completed market research and formed special reports and policy recommendations If nothing unexpected, China's grain market will usher in a large opening pattern next year 6fw the report believes that the time is ripe to further open the grain purchase market The general principles of liberalizing the grain purchase market are: two cancellations, two liberalizing, linking production and marketing, and strengthening regulation and control The 6fw report suggests that we should cancel the task of ordering grain, cancel the certificate of grain transportation and sale, and implement the thorough marketization of grain purchase and sale We will give the farmers full autonomy in grain production and operation, let them adjust the agricultural planting structure according to the market orientation, develop high-quality grain and oil varieties that are marketable in the market, and strive to promote agricultural efficiency and farmers' income The government provides information service and technical support for farmers to develop food production Remove all barriers to grain circulation In the future, grain can be transported and sold freely throughout the country, without any certificate of transportation and sale, and no one or any unit may obstruct the circulation of grain for any reason According to the 6fw report on subsidies from state-owned enterprises to farmers, we should liberalize the price of grain purchase and sale, make sure that the price of grain purchase and sale is formed by the market, and that the number of main grain purchasers is eliminated by the market, so as to play the role of market mechanism in allocating resources It is suggested that the purchase price and protection price of grain should be cancelled, and the mode of "following the market, high quality and good price, and low quality and bad price" should be adopted for grain purchase At the same time, the grain farmers should be compensated directly, so that they can obtain the social average profit rate, in order to maintain food security 6fw circulation enterprises are faced with transformation and competition 6fw report suggests that the pre-approval restrictions on the qualification of market entities engaged in grain purchase be released The filing system shall be implemented No matter what kind of economic composition, no matter what form of ownership, it is only necessary to file with the grain industry and Commerce Department, and after the approval and registration of the industry and Commerce Department, it can engage in grain purchase business 6fw In the future, all purchasers should be treated equally in terms of the supply of grain purchase funds, and non policy loans should be implemented for all funds except the central reserve grain The government should provide discount interest and other preferential conditions to support and encourage commercial banks to actively participate in grain purchase and sale activities We will support the establishment of a number of large-scale grain purchase and sale companies that span different regions and different forms of ownership to further promote market competition 6fw multi way and multi way production and marketing cooperation 6fw report points out that the combination of production and marketing is mainly that the government will actively encourage the inter provincial cooperation between the main grain production areas and the main marketing areas, support the production and marketing linkage, and make new innovations and breakthroughs in the field and mode of cooperation between the production and marketing provinces At the same time, the state will further improve the central grain reserve management system to ensure the state's ability to regulate and control grain When the market price is too low, the government can prevent the price from falling excessively by increasing the reserve and protective purchase to protect the interests of farmers; when the market price is too high, the government can adjust the market supply and demand by selling the reserve grain to stabilize the market price The general principles of strengthening the construction of grain market system are as follows: government guidance, multi-party establishment, open and orderly, live without disorder, multiple levels, simultaneous development of futures, combination of tangible and intangible The 6fw report points out that the futures market has been proved to be an effective market regulation tool and hedging means with many functions such as hedging and price discovery On the premise of opening up the grain market in an all-round way, it is necessary to stabilize grain production and operation, promote the adjustment of grain variety structure, promote the innovation of grain reserves, and improve the competitiveness of grain enterprises In order to give full play to the guiding role of the market mechanism, we should actively and steadily launch the listing of corn, rice and other grain futures with good spot basis, wide radiation and great impact on the national economy, guide grain related enterprises to carry out hedging and strengthen risk monitoring 6fw wholesale market will play an important role 6fw report believes that we must adjust and integrate the market according to the law of market formation and competition, according to market contact and economic division, promote the construction of national and regional grain wholesale market, and avoid resource waste Actively develop the wholesale market of bulk grain commodities, guide the bulk grain trading to enter the market, and provide convenient conditions for large grain users to negotiate and trade in the wholesale market.