Commodities
China Raises Grain Output Target as Trade Tensions Escalate
China produced 706.5 million tons of grain in 2024, up 1.6% from the previous year.
Photographer: CFOTO/Future Publishing/Getty Images
This article is for subscribers only.
China set its annual grain production target for 2025 higher than the previous year, as the world’s biggest agricultural importer continues to bolster food security amid a trade war with the US.
The country aims to produce about 700 million tons of grain this year, higher than a goal of at least 650 million tons in recent years, according to a copy of the government’s annual work report seen by Bloomberg News.