China Aims For 2010 Grain Output Capacity Of 500M Tons/Year

China’s government said Tuesday it plans to attain grain production capacity of 500 million metric tons in 2010, raising it to 530 million metric tons in 2015 and 550 million metric tons or higher in 2020.

In a statement on its Web site, the National Development and Reform
Commission said China will use public spending and other measures to help increase grain production capacity.

Source: CME Group