Home / News Type Content Tools: Save | Print | E-mail | Most Read | Comment
Grain Prices Get Check-up
Adjust font size:
The State Development Planning Commission and the State Grain Reserve Bureau will launch a nationwide investigation into grain prices from December to March in order to protect farmers' legitimate rights and interests.

The checkup will focus on the implementation of grain price policies at all State-owned grain purchasing and sales enterprises, according to sources with the commission.

Some purchasing enterprises have found fault with the quality of the grain and then forced a lower purchasing price, seriously infringing on the farmers' interests, according to official sources.

Others have gone as far as colluding with private grain producers and cheated farmers who have little information about setting prices conducive to higher profits.

To solve these problems, the government has made efforts to stop these unethical activities, including issuing requirements for quality standards and setting protective and unconditional prices for enterprises purchasing grain from farmers.

On the other hand, a few enterprises sell grain for less than the purchasing price in order to transfer losses to the government.

Some companies deliberately store up high quality grain for years and then sell the "old grain," which is eligible for government subsidies.

(China Daily December 2, 2001)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- China Has Great Potential to Increase Rice Output
- Grain Reserves Sufficient
- Gov't Pledges to Grow More Grain
- West China, a Huge Potential Market for Foodstuff Industry
- NE China to Play Bigger Role in Grain Supply
- Grain Price Left to the Market
- China to Further Reform Grain Distribution System
- Chinese Have Less Grain on Dinner Table
Most Viewed >>
- World's longest sea-spanning bridge to open
- Yao out for season with stress fracture in left foot
- 141 seriously polluting products blacklisted
- China starts excavation for world's first 3G nuclear plant
- 'The China Riddle'
- Irresponsible remarks on Hu Jia case opposed 
- China, US agree to step up constructive,cooperative relations
- 3 dead in south China school killing
- Factory fire kills 15, injures 3 in Shenzhen
- McDonald's turns to feng shui

Product Directory
China Search
Country Search
Hot Buys