BEIJING (DTN) -- The Chinese government will allow more corn and soybean imports but will keep the strict policy of self-sufficiency in wheat and rice, according to a recently released policy document.
"Taking good care of the 'rice bowl' is the fundamental principle of the government policy of rural reform in the following years," the Communist Party Central Committee (CPCC) stated in the first Central government policy document of 2014. The phrase 'rice bowl' refers to the general food supply in China.
While the statement is similar to government policies in past years, its meaning has changed.
Grain self-sufficiency will ...