China Grain Reserves Group

[1] China Grain Reserve Group, headquartered in Beijing, comprises 23 branches and 4 completely owned or managed companies as of 2015, with operations across the entire nation.

[6] In 2005, to safeguard farmers' interests and ensure the stability of the grain market, the state adopted a minimum purchase price regulation in the primary grain-producing regions.

In the latter 2007, the SINOGRAIN released almost 5 million tons of central reserve rice, corn, and edible oils into the market, essentially stabilizing the prices.

[8][9] In 2009, the corporation released 2.5 million tons of central reserve round-grained rice onto the market through a specific rotation, thereby contributing to the macro-control of food supply.

[11] On November 23, 2016, after the State Council's approval, the China National Cotton Reserves Corporation was amalgamated into the SINOGRAIN and became a wholly-owned subsidiary of the latter.