National Food and Strategic Reserves Administration

From English Wikipedia @ Freddythechick
National Food and Strategic Reserves Administration
国家粮食和物资储备局

National Food and Strategic Reserves Administration housed at the National Development and Reform Commission
Agency overview
FormedMarch 17, 2018; 7 years ago (2018-03-17)
Jurisdiction People's Republic of China
Headquarters25 Yuetan North Street, Xicheng District, Beijing
Agency executive
Parent agencyNational Development and Reform Commission

The National Food and Strategic Reserves Administration (Chinese: 国家粮食和物资储备局) is a deputy ministerial-level national agency administered by the National Development and Reform Commission of the People's Republic of China.[1][2] Its mandate is to stockpile strategic resources and intervene in markets using this stockpile when neccesary.[3]: 218 

History

The Administration was established in March 2018.[4] It had previously been the State Reserve Bureau.[3]: 218 

As the State Reserve Bureau in 2005, it released 80,000 tonnes of copper into the global market amid rapidly rising copper prices.[3]: 218 

In 2019, the Administration released pork onto the market following a swine flu outbreak.[3]: 218 

In 2021, the Administration released 110,000 tonnes of copper into the global market.[3]: 218 

Leadership

Directors

Name Chinese name Took office Left office Ref.
Zhang Wufeng 张务锋 April 2018 June 2022
Cong Liang 丛亮 2 July 2022 30 August 2023
Liu Huanxin 刘焕鑫 30 August 2023 Incumbent

References

  1. ^ "China to strengthen regulation on grain reserves in 2019 - Xinhua | English.news.cn". www.xinhuanet.com. Archived from the original on January 23, 2019. Retrieved 2019-06-26.
  2. ^ "Federal Ministry of Agriculture and Rural Development | About Department of Food and Strategic Reserve". Retrieved 2019-06-26.
  3. ^ 3.0 3.1 3.2 3.3 3.4 Massot, Pascale (2024). China's Vulnerability Paradox: How the World's Largest Consumer Transformed Global Commodity Markets. New York, NY, United States of America: Oxford University Press. ISBN 978-0-19-777140-2.
  4. ^ "China tries to improve running of strategic food and energy reserves". South China Morning Post. 2018-03-16. Retrieved 2019-06-26.

External links

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