China's measures to stabilize food prices have achieved results
China
Published Jun 25, 2022
Tridge summary
Recently, global food security issues have attracted attention. According to data released by the International Food Policy Research Institute (IFPRI), as of May 28, more than 20 countries around the world have implemented export restrictions on grains, including wheat, corn, flour, tomatoes, vegetable oil, and beans, etc. So, how much influence does the "food defense war" in more than 20 countries have on China? Why can my country's grain prices remain stable as a whole? Zhang Yibo, Institute of Industrial and Technical Economics, China Academy of Macroeconomics, said in an interview that my country's grain consumer price index increased by only 3.2% year-on-year in May. He said that my country's grain prices in my country remained stable on the whole. At present, ensuring food security has become one of the key links in maintaining the stability of the overall economic market. In this regard, Zhang Yibo introduced that my country's practices and effects of stabilizing grain prices include the following aspects: The first is to improve the comprehensive grain production capacity. The Central Rural Work Conference held at the end of 2021 emphasized that we will make every effort to do a good job in grain production and the supply of important agricultural products, implement hard measures for arable land protection and construction, vigorously promote key agricultural core technologies such as seed sources, and improve agricultural machinery. Equipment R&D and application level, speed up the development of facility agriculture, strengthen agricultural science and technology support, etc.
Original content
Recently, global food security issues have attracted attention. According to data released by the International Food Policy Research Institute (IFPRI), as of May 28, more than 20 countries around the world have implemented export restrictions on grains, including wheat, Corn, flour, tomatoes, vegetable oil, beans, etc. So, how much influence does the "food defense war" in more than 20 countries have on China? Why can my country's grain prices remain stable as a whole? Zhang Yibo, Institute of Industrial and Technical Economics, China Academy of Macroeconomics, said in an interview that my country's grain consumer price index increased by only 3.2% year-on-year in May. He said that my country's grain prices in my country remained stable on the whole. A strong mechanism and policy measures to ensure food supply and price stability have been established. At present, ensuring food security has become one of the key links in maintaining the stability of the overall economic market. In ...
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