In 2004, China's main grain inventory will be reduced by 40 million tons over the previous year

Introduction: Beijing Derun forest, July 19: according to an official of the State Food Administration in Beijing over the weekend, China's rice, wheat, soybeans and other major grain stocks in 2004 will be 40 million tons less than the previous year, because the gap in domestic supply depends on consumption stocks to make up According to Zhu Changguo, deputy director of the State Food Administration, speaking at a grain and oil conference in Beijing, China's grain consumption will reach 493 million tons in 2004, about 38 million tons higher than the output But he didn't give comparative data or how low the inventory was Since this spring, in order to reverse the trend of grain production reduction, our government has introduced a series of measures to promote grain production, including providing direct subsidies and reducing agricultural taxes In 2003, China's grain output dropped to 430 million tons, the lowest level in 14 years Zhu said that in mid-2004, China's grain planting area is expected to reach 100 million hectares, an increase of 1.3 percentage points over the previous year