Friday, August 1, 2014

Chinese Grain Capacity Piles High



At a recent conference in Hangzhou City in Zhejiang Province China , Ren Zhengxio Director of the State Administration  of Grain said that in 2013 China had roughly 19,000 grain storage firms with total capacity over 300 million tons.
China has built a national grain storage network based on four logistical hubs in Liaoning Province in North East China, Guangdong Province in South East China, Zhejiang Province in Eastern China and in Shanghai China’s financial and shipping hub.
Director Ren noted that China’s grain storage network has upgraded over the years with 78% of the granaries utilizing mechanical ventilation and 57% monitored by computer systems.  He emphasized that China has its own grain storage system and that China is pursuing self-sufficiency to ensure food security.

Since 1949 (the year the People’s Republic of China was established) their grain stock capacity has increased dramatically and they will keep developing their capacity to meet market demand.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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