AreaChina (Mainland)

Commodity GroupRice

CommodityAll

Date25/06/2014

Policy CategoryStocks

Policy InstrumentStock-holding policy, Government procurement

DescriptionAnnounced that it would raise state grain reserves by 25 million tonnes, maintaining the equivalent of six month\'s worth of domestic grain consumption in store. The Government is additionally to expand storage capacity by 50 million tonnes by 2015.