China ramps up grain production

Published 2024년 2월 9일

Tridge summary

China is promoting the development of high-yielding crop varieties through biotechnology and mechanization to boost production, as outlined in its annual rural policy draft, Document No. 1. The plan includes stabilizing grain sowing areas, improving yields with new seeds and machinery, and expanding oil crop cultivation. The state has also approved the production and sale of genetically modified soybean and corn seeds, and plans to increase soybean cultivation performance. Other measures include raising the minimum purchase price of wheat, expanding insurance and cultivation subsidies, and deepening agricultural cooperation under the Belt and Road Initiative.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China will encourage the development of high-yielding crop varieties to boost production, state media said on February 3, citing a key rural policy document. Beijing is pushing for greater use of biotechnology and mechanization in its food security measures. More on this topic: Market highlights from the grain markets: Ukraine imports are huge and the international market is depressed The world's largest grain importer reported a record corn crop last year, as well as bumper crops of other grains. But the country continues to push for higher output and lower imports, especially amid rising tensions with some trading partners over climate, various disasters and military conflicts. In its annual rural policy draft, known as Document No. 1, China's cabinet said it would stabilize its grain sowing area and implement projects to improve yields with new seeds, machinery and fields, the state-run said. Xinhua news agency. Actions to increase the use of agricultural machinery and ...
Source: Agri

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