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China urges cornbelt regions to offer subsidies to boost use: sources

Published Wed, Feb 8, 2017 · 09:50 PM

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Beijing

BEIJING is urging regional authorities in the nation's top four corn producing regions to offer subsidies to livestock feed companies, the latest move to boost demand for a bumper crop, according to a source briefed on the matter.

The country's State Administration of Grains and the Ministry of Finance issued a joint document dated Jan 13 outlining the recommendations to the north-eastern regions of Heilongjiang, Inner Mongolia, Liaoning and Jilin, according to the source and local media.

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