Nation's grain imports grow
By Zhong Nan | China Daily | Updated: 2014-08-12 09:42
Bigger cereal purchases from global markets help ensure adequate stocks
China has increased the flexibility of its grain imports by purchasing more cereals from the global markets at cheaper prices to ensure sufficient domestic stocks, prevent unexpected supply risks and ensure long-term food security.
The country imported 11.34 million metric tons of cereals during the first seven months of the year, up 80 percent on a year-on-year basis, according to data provided by the customs agency.
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