Subscribe free to our newsletters via your
. Earth Science News .

Subscribe free to our newsletters via your

China can meet domestic grain demand: premier Wen

by Staff Writers
Shanghai (AFP) April 7, 2008
Chinese premier Wen Jiabao has insisted that the nation was capable of feeding itself and that grain reserves were expected to meet demand despite tight global supplies, state media reported Monday.

"The Chinese people completely have the capacity to feed themselves," the official Xinhua news agency quoted Wen as saying during an inspection tour in the northern part of the country.

Although China has grain reserves of between 150 million to 200 million tonnes, or twice the world average, Wen said rising global economic uncertainty had made it increasingly difficult to fashion food-related policy.

Wen listed three factors that China had to watch: global financial turmoil caused by the US subprime mortgage crisis, rising international oil prices and grain shortages in many parts of the world.

He noted that stepping up grain production was crucial to ensuring supplies, taming inflation and meeting economic and social development targets this year.

Wen's comments come amid growing concerns over grain reserves and soaring inflation, which has spiked to a 12-year high driven mainly by sharply rising food costs, especially for grain and pork.

High prices, and their potential for social disruption, have emerged as one of the key concerns facing China's ruling Communist Party as it seeks to foster both stability and a long-lasting economic expansion.

Late last year China levied taxes on grain exports in 2008 to help rein in inflation and guarantee stable domestic food supplies.

The Chinese government plans to spend 562.5 billion yuan (80.4 billion dollars) in agriculture this year plus 25.3 billion yuan on subsidies to farmers, the Xinhua report said.

Email This Article
Comment On This Article

Related Links
Farming Today - Suppliers and Technology

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Australian minister defends kangaroo culls
Tokyo (AFP) April 4, 2008
Australian Agriculture Minister Tony Burke on Friday defended the culling of hundreds of kangaroos, saying hundreds of the animals would starve to death if numbers are not reduced.

  • Big Tokyo quake would cause human gridlock: study
  • Disasters In Small Communities: Researchers Discuss How To Help
  • Raytheon Develops Advanced Concrete Breaking Technology For Urban Search And Rescue
  • Floods, cyclones, devastate southern Africa: UN

  • Earth in crisis, warns NASA's top climate scientist
  • New Formula For Combating The Greenhouse Gas Nitrous Oxide
  • Tough road lies ahead for global climate deal
  • Solar Science Research Contradicts Climate Change Sceptics

  • India to launch remote sensing satellite this month
  • Boeing Submits GOES R Proposal To NASA
  • Satellites Can Help Arctic Grazers Survive Killer Winter Storms
  • CrIS Atmospheric Sounder Completes Vibration Testing

  • Gulf Ethanol Central American Mission A Success
  • New Community Uses Technology To Marry Green Living With 19th Century Shingle Design
  • More Solid Than Solid: A Potential Hydrogen-storage Compound
  • AeroVironment Awarded Patents For Architectural Wind Building-Integrated Energy Generation System

  • Alligator Blood And Mud Help Fight Superbugs
  • Bird flu breaks out at Tibet poultry farm: China
  • Community-Acquired MRSA Spreads
  • Climate And Cholera

  • Meteorites Delivered The Seeds Of Earth's Left-Hand Life
  • Russia considers ban on baby seal hunting: ministry
  • Economic Boom And Olympic Games Pose Threat Of Biological Invasion Of China
  • Some Migratory Birds Can't Find Success In Urban Areas

  • Paulson urges China to lift barriers on environmental technology
  • Chinese pollution quietly takes toll in Japan
  • NASA Launches Airborne Study Of Arctic Atmosphere And Air Pollution
  • Ballast-Free Ship Could Cut Costs While Blocking Aquatic Invaders

  • Dyslexia in Chinese, English speakers is different: study
  • Researchers Find Pre-Clovis Human DNA
  • Scientists Reshape Y Chromosome Haplogroup Tree Gaining New Insights Into Human Ancestry
  • Preschool Kids Do Better On Tasks When They Talk To Themselves

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement