date:Aug 13, 2013
ics and rural development at Renmin University of China in Beijing.
He added that a recent drop in wheat prices in the global market is also good news for China as an importer.
Wheat imported from Australia, the United States and France costs much less than wheat produced in China.
According to the US Department of Agriculture, the average US wheat price was $303 per ton on July 30, compared with $407 per ton at China's Zhengzhou Commodity Exchange
The rising price of corn has also prompted