Economy

Grain reserve hits 40% of annual consumption

(Xinhua)
Updated: 2011-03-07 09:13
Large Medium Small

BEIJING - China's grain reserve has reached 40 percent of annual consumption, much higher than the world standard of 17 to 18 percent, Zhang Ping, minister of the National Development and Reform Commission, said Sunday.

Related readings:
Grain reserve hits 40% of annual consumption China stresses grain output amid drought
Grain reserve hits 40% of annual consumption China grain supply balanced, won't rely on imports
Grain reserve hits 40% of annual consumption Wen urges more efforts to boost grain output
Grain reserve hits 40% of annual consumption China aims to boost grain production

China's wheat reserve stands at 100 billion kilograms, about the output of one year, he said at a press conference.

分享按钮