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NDRC: CN Domestic Energy Supply Sufficient; Eliminating US Feed Grains/ Oils Won't Affect Food Supply
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In 2024, imports of sorghum, corn, soybeans and other grains from the US accounted for a very low proportion of domestic food consumption, and are basically feed grains, which are more substitutable and adequately supplied by the international market, Zhao Chenxin, Vice Chairman of China's National Development and Reform Commission (NDRC), said. At the same time, there are ample resources for domestic food reserves, Zhao added. Even if China doesn't buy feed grains and oils from the US, it won't have any effect on China's food supply. In terms of energy, domestic energy supply was adequate and market prices were generally stable. AAStocks Financial News |
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