Notice of the National Grain Administration on Launching the Implementation Plan for the Lowest Purchase Price of Mid-late Rice in Heilongjiang Province in 2016

China Grain Reserve Management Corporation: Your company’s "Request for the Implementation of the 2016 Lowest Purchase Price Implementation Plan for Rice in Heilongjiang Province" (Zhongchuliang [2016] No.
364) has been received.
According to the relevant provisions of the National Development and Reform Commission, the National Grain Administration and other departments, the "Notice on Issuing the Implementation Plan for the Minimum Purchase Price of Wheat and Rice" (Guoliang Tiao [2016] No.
55), after research, it has been agreed to start in Heilongjiang from October 25 The province’s eligible regions started the 2016 implementation plan for the minimum purchase price for mid- and late rice.
When the regional market price is higher than the minimum purchase price level, the execution of the plan shall be stopped; when the regional market price is lower than the minimum purchase price level, the acquisition shall be carried out in strict accordance with the provisions of the plan.
National Grain Administration October 24, 2016