China reaps bumper harvest
China will see a bumper harvest this year with stable cereal grains output, and large-scale cereal purchases have kicked off recently, the National Food and Strategic Reserves Administration revealed on Tuesday.
"With the autumn harvest ending soon, we've already seen an abundant cereal supply that can ensure a bumper harvest for the whole year," said Qin Yuyun, head of the administration's food reserves department.
China's total cereal output consists of three parts - early rice, summer grain and autumn production.
Autumn grain crops, which include corn, middle-and late-season rice, account for three quarters of a whole year's grain production.
According to the administration, China's current cereal storage can meet the country's total consumption for a whole year.
As of last week, a total of 90 million tons of grain crops have been traded on the State-owned platform.