China purchased over 400 million tons of grain in 2023

China maintained its grain purchase level at over 400 million tons last year, according to a national work conference on food and strategic reserves that concluded Tuesday.

At present, the main producing areas have accumulated nearly 120 million tons of new seasonal autumn grain in 2023, and the overall progress of autumn grain acquisition is about 60 percent, which is faster than that of the previous year.

China produced 695.41 million metric tons of grain in 2023, a year-on-year increase of 8.88 million tons, or 1.3 percent. The production level has remained consistently above 650 million metric tons for nine consecutive years.

China's grain market maintained a stable operation, and the strength of the national reserve and the emergency protection capacity were further strengthened, which provided strong support for the economic rebound and high-quality development.