AreaChina (Mainland)

Commodity GroupGrains

CommodityMaize and Wheat

Date25/05/2021

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionLaunched an Action Plan to reform commodity price review and control mechanisms. The plan aims to curb abnormal price fluctuations and ensure price stabilization. The minimum purchase and target price policies for rice, wheat and maize will be maintained and improved.