China targets 4.5 trillion yuan annual grain output by 2030 under new plan
China's grain industry is projected to exceed 4.5 trillion yuan in annual industrial output value during the 15th Five-Year Plan period (2026-2030), according to a September 21 press conference by the State Council Information Office. A senior official from the National Food and Strategic Reserves Administration announced the deepening of the high-quality grain project to improve quality and efficiency, shifting focus from sufficient food to nutritious and healthy eating.
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China's grain industry may achieve annual industrial output value over 4.5 trillion yuan in 15th Five-Year Plan period
Liu Huanxin, head of China's National Food and Strategic Reserves Administration, stated at a September 21 State Council press conference that during the 14th Five-Year Plan period, China's comprehensive grain production capacity continued to improve, with output exceeding 700 million tons and the grain industry's annual industrial output value surpassing 4 trillion yuan. For the 15th Five-Year Plan period, China will deepen the national food security strategy, focusing on three tasks: improving grain purchasing and sales to ensure smooth market circulation, optimizing grain reserves in structure and regional layout, and advancing the grain industry. The administration forecasts that the grain industry's annual industrial output value could exceed 4.5 trillion yuan during this period, aiming to meet the public's evolving demand from eating enough to eating well and nutritiously. The tasks will be supported by reforms, legal frameworks, and technological innovation.
Read sourceChina's grain industry industrial output may exceed 4.5 trillion yuan during 15th Five-Year Plan
According to a report from CCTV Finance, Liu Huanxin, head of China's National Food and Strategic Reserves Administration, stated at a State Council Information Office press conference on September 21 that during the 14th Five-Year Plan period (2021-2025), China's comprehensive grain production capacity continued to improve, with annual output exceeding 700 million tons. The grain industry upgraded, with total annual industrial output value of grain enterprises surpassing 4 trillion yuan. For the upcoming 15th Five-Year Plan period (2026-2030), China will deepen its national food security strategy, focusing on three key tasks: improving grain purchasing and sales to ensure smooth market circulation; optimizing grain reserves in terms of variety and regional distribution to enhance emergency supply capabilities; and advancing the grain industry. The administration forecasts that the grain industry's annual industrial output value could reach over 4.5 trillion yuan, aiming to meet the public's evolving demand from simply having enough to eat to eating well and healthily. These efforts will be supported by reforms, legal frameworks, and technological innovation.
Read sourceChina's Grain Industry Expected to Exceed 4.5 Trillion Yuan in Output During 15th Five-Year Plan
On September 21, the State Council Information Office held a press conference as part of the 'Starting the 15th Five-Year Plan' series, focusing on safeguarding national grain security. A representative from the National Food and Strategic Reserves Administration announced that during the '15th Five-Year Plan' period (2026-2030), China will deepen the implementation of the high-quality grain project. The goal is to continuously improve the quality and efficiency of the grain industry, with the annual industrial output value expected to surpass 4.5 trillion yuan. This initiative aims to better meet the evolving needs of the population, shifting from simply having enough to eat ('chī dé bǎo') to eating well ('chī dé hǎo') and eating nutritious and healthy food. The forecast is conditional on the successful implementation of the plan's policies.
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China's Grain Industry Expected to Exceed 4.5 Trillion Yuan in Annual Output by 2030
According to a press conference held by the State Council Information Office on September 21, a senior official from China's National Food and Strategic Reserves Administration announced that during the '15th Five-Year Plan' period (2026-2030), China's grain industry is expected to achieve an annual industrial output value of over 4.5 trillion yuan. The official stated that China will deepen the implementation of the 'High-Quality Grain Project' to improve the quality and efficiency of the grain industry. This initiative aims to meet the evolving needs of the population, shifting from simply 'having enough to eat' to 'eating well' and 'eating nutritiously and healthily.' The forecast reflects the government's strategic focus on upgrading the grain sector to ensure national food security and enhance consumer welfare.
China's grain industry expected to exceed 4.5 trillion yuan in annual output by 2030
According to a press conference held by the State Council Information Office on September 21, a senior official from the National Food and Strategic Reserves Administration stated that during China's 15th Five-Year Plan period (2026-2030), the country's grain industry is expected to achieve an annual industrial output value of over 4.5 trillion yuan. The official said China will deepen the implementation of the high-quality grain project to improve the quality and efficiency of the grain industry. This target aims to meet the evolving needs of the population, shifting from simply having enough to eat to eating well and eating nutritious and healthy food. The forecast was reported by state broadcaster CCTV and aggregated by financial data provider Jin10.
China's Grain Industry Expected to Exceed 4.5 Trillion Yuan in Annual Output by 2030
According to a press conference held by the State Council Information Office, China's grain industry is projected to achieve an annual industrial output value of over 4.5 trillion yuan during the '15th Five-Year Plan' period (2026-2030). A senior official from the National Food and Strategic Reserves Administration stated that China will deepen the implementation of the high-quality grain project to enhance the quality and efficiency of the grain industry. This initiative aims to meet the evolving needs of the population, shifting from simply having enough to eat to eating well and nutritiously. The forecast was reported by CCTV News and sourced from Yicai.
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