National Food and Strategic Reserves Administration
Government agency of China
From Wikipedia, the free encyclopedia
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 necessary.[3]: 218
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China- Liu Huanxin, Director
| 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 | |
|---|---|
| Formed | March 17, 2018 |
| Jurisdiction | China |
| Headquarters | 25 Yuetan North Street, Xicheng District, Beijing |
| Agency executive |
|
| Parent agency | National Development and Reform Commission |
| Website | www |
History
The National Food and Strategic Reserves Administration is established in March 2018 as part of the deepening the reform of the Party and state institutions. The National Development and Reform Commission is responsible for management. Concurrently, the State Grain Bureau was abolished.[4][5][6][7][3]: 218
On April 4, 2018, the National Food and Strategic Reserves Administration was inaugurated. [8]
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 |