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China To Maintain Grain Output Above 1.3 Trillion Catties In 2024

CHINA PRESS

China will boost crop yields and stabilise farms to ensure grain output remains above 1.3 trillion catties in 2024, Pan Wenbo, director at the Ministry of Agriculture told reporters at a press conference. China produced a record high of 1.39 trillion catties in 2023, up 17.76 billion y/y, overcoming severe flooding and droughts across the country, added Deng Xiaogang, deputy minister at the Ministry of Agriculture. The 21st Century Herald noted rural residents per capita disposable income reached 21,691 yuan in 2023, up 7.6% y/y, according to National Bureau of Statistics data.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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