China Purchases Over 100 Million Tonnes of Autumn Grain as Food Prices Remain Stable
China has purchased more than 100 million tonnes of grain from the autumn harvest, maintaining the same procurement pace as the corresponding period last year, according to the National Food and Strategic Reserves Administration.
At a press conference in Beijing on November 10, the National Development and Reform Commission (NDRC) said essential food products, including grain, edible oil, meat, eggs and vegetables, remain in ample supply, with prices generally stable.
Zhang Luqin, deputy head of the NDRC's Department of Price, said supplies of vegetables, eggs, processed grain products and edible oil are sufficient to meet current demand.
According to the commission, China's annual grain production has remained above 700 million tonnes in recent years. The area planted with vegetables has also remained stable, with a modest increase.
China feeds nearly 20 percent of the world's population using less than 9 percent of the world's arable land.
Under the 15th Five-Year Plan for 2026–2030, authorities plan to improve price monitoring systems, maintain minimum purchase prices for rice and wheat, and strengthen coordination between producers and distributors across different regions.
As reported by SSTV+, these measures are intended to ensure stable food supplies, protect farmers' interests and prevent sharp fluctuations in the prices of essential commodities.
