Nation set to bolster the import of rice
By Zhong Nan | China Daily | Updated: 2013-10-18 08:08
The government is expected to further lower the bar on rice imports, in a bid to boost the country's food supply, industry experts said.
The China National Grain and Oils Information Center forecast that the country's rice output will drop 0.7 percent year-on-year to 202.8 million metric tons in 2013, indicating the rice production is falling after stable output growth for a decade.
As the world's biggest rice consumer, China imported between 500,000 and 600,000 metric tons of rice per year until 2012, when local prices lost their competitiveness against rice imported from neighboring countries.
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