Drought has little effect on China's food security, China's food prices will remain basically stable

The Fourth Session of the Eleventh National Committee of the Chinese People's Political Consultative Conference held a press conference at the Great Hall of the People on the morning of the 6th and invited seven members of the Chinese People's Political Consultative Conference to answer reporters' questions on "speeding up the transformation of economic development patterns and promoting the development of the economic and social sciences during the 12th Five-Year Plan period."

Honorary Li Yining, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference, Honorary Vice Chairman of the National Democratic League, and Honorary President of the Guanghua School of Management of Peking University; Chen Xiwen, member of the National Committee of the Chinese People's Political Consultative Conference and deputy head of the Central Rural Work Leading Group, attended the meeting.

Li Yining: Inhibiting inflation, two important factors can not control When talking about the impact of economic growth of 7% on employment, Li Yining said that economic growth is not primarily about speed, but depends on quality, and 7% is not a low growth rate. Li Yining believes that the solution to the employment problem currently relies mainly on structural adjustment. The first is to adjust the industrial structure and accelerate the development of the tertiary industry so that it can attract a large amount of employment. Second, we must increase the development of private economy, because the main force of the new labor force is the private economy. In addition, we must strongly encourage entrepreneurship and develop micro-enterprises.

When it comes to curbing inflation, Li Yining believes that there are two important factors that we cannot control. One is the price of oil, and the other is the impact of climate change on agriculture. However, from the domestic perspective, as long as we strive to do it, we can control it within our target range.

Chen Xiwen: I believe that China's food prices will basically remain stable. For the drought this year, Chen Xiwen said that although there will be an impact on China's grain production, the proportion of food crops affected by drought is limited, and the disasters are only local, mainly concentrated in 8 province. In addition, 75% of the area affected by drought has eased after the Spring Festival. The next step is to continue to increase the intensity of drought, which can reduce or even eliminate this effect.

Chen Xiwen said that so far this year China’s food prices have risen by less than 20% year-on-year, less than one-fifth of the world’s 100% increase. It is believed that China's food prices will basically remain stable.

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