July 6, 2009
China's state grain reserve safe after national check
No losses were reported in China's state grain reserve as a three-month national check drew to a close, said a senior official of the state grain reserve company.
Liu Xinjiang, deputy general manager of the China Grain Reserves Corporation, which manages the reserves, said Friday (Jul 3) at an industry meeting on the summer grain market that the grains are "well preserved" and the real inventory matches the book record.
Led by the State Administration of Grain, the nationwide check which started on April 1 was aimed to clarify the condition of the national grain reserves and further improve grain management.
The Ministry of Agriculture predicted last month that China is expected to harvest 122.5 million tonnes of grain this summer, which will be the country's sixth consecutive year of growth in grain output.
During a preparation meeting for the national grain check in March, China's Vice Premier Li Keqiang said China being a developing country with a population of more than a billion, grain has always been the first and foremost issue to maintain peace and stability.
