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

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.