State Grain and Reserves Administration: Market-based procurement accounts for more than 90% of my country’s grain procurement volume

cctv.com2025-10-15

News from CCTV: The State Council Information Office held a series of themed press conferences on "High-Quality Completion of the "14th Five-Year Plan"" on October 14, 2025, to introduce the results of the reform and development of grain circulation during the "14th Five-Year Plan" period. Liu Huanxin, a member of the Party Leadership Group of the National Development and Reform Commission and Director of the State Grain and Reserve Administration, said at the meeting that market-based procurement has become the bulk of grain procurement, accounting for more than 90% of the procurement volume, and has effectively played a role in smoothing circulation and increasing vitality. Practice has proved that the policy of market-oriented acquisitions and policy-based procurement and storage adopted by our country is an institutional arrangement in line with national conditions, and should be continued to be adhered to and continuously improved.

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