AreaChina (Mainland)

Commodity GroupOilseeds, oils and meals

CommodityAgricultural products, oilcrops

Date01/02/2021

Policy CategoryProduction

Policy InstrumentAgricultural policies

DescriptionReleased its annual agricultural policy roadmap, placing special emphasis on measures to foster rural growth and accelerate the modernization of agriculture. Stressing the importance of improved food security, the document called for efforts to stabilize the country’s grain area and to improve crop yields. Specifically, domestic soybean output was to be secured, while production of rapeseed, groundnuts and other oilcrops was to be promoted. The roadmap also emphasized the need to diversify agricultural import sources and support the country’s seed sector via the promotion of commercial breeding systems and genetic modification techniques.

NotesCHINA – agricultural policy – roadmap: The 2021 ‘No.1 Document’ released by China’s State Council in February concentrated on measures to foster rural growth and accelerate the modernization of agriculture. Stressing the importance of improved food security, the document called for efforts to stabilize the country’s grain area and improve crop yields. Specifically, domestic soybean output ought to be secured, while production of rapeseed, groundnuts and other oilcrops should be promoted in view of a possible tightening of global edible oil supplies. Furthermore, the document emphasizes the need to diversify agricultural import sources and envisages increased support for the domestic seed sector, especially improved protection of intellectual property rights and the promotion of commercial breeding systems, including genetic modification.