Caixin
Apr 28, 2016 05:17 PM

Country Facing 'Unprecedented Problem' Storing Extra Grain, Official Says

(Beijing) – The country is facing an "unprecedented problem" storing grain, a top official says, as the government continues with a subsidy program that sees farmers sell it huge amounts of their output every year.

The government has taken in nearly 240 million tons of grain products from China's growers since the fall of 2015, said Ren Zhengxiao, the head of State Administration of Grain. He added that the figure was 18 percent more than in the same period a year earlier.

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