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Home >> Business
UPDATED: 16:57, December 20, 2006
Gov't to enhance food security through interest redistribution among producers, sellers
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The Chinese government is trying to safeguard the food security through interest redistribution among food producers and sellers, including optimizing supervision systems on market access and banning all kinds of market entrance fees and unreasonable taxes.

An official with the National Development and Reform Commission (NDRC), the country's price watchdog, attributed the current food security problems partly to the high cost of food products in the process of sales and logistics.

He said only a small portion of gross profit remains for those who intend to sell their products in supermarkets or other markets of agricultural products, as those markets collect fees at high levels from manufacturers for the access of their products to the booths.

In order to grab a bigger profit, some food manufacturers also make reckless moves, causing a severe problem in food security, he explained.

The NDRC will take measures to amplify the market management, food manufacture licensing and the market access system so as to guarantee food security.

The NCDR also listed other efforts to ensure the food security, including introducing overseas system, advocating standardized supermarkets and reducing the private market booths. In addition, it will further clamp down on the illegal use of fertilizers and chemical additives in agricultural production.

The NDRC noted it would increase the investment to upgrade the food industry technology and will continue to support the competitive food manufacturers and forge more name brands with national characteristics in food manufacture and processing.

Source: Xinhua


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