China's Ministry of Agriculture and Rural Affairs on Thursday said that expanding soybean production is one of the top priorities in 2019. The country will encourage production of the crop with higher subsidies and other measures, in a move to reduce reliance on soybean imports amid a trade war with the US, a primary soybean supplier to China.
China said it aims to increase soybean and oilseed production by more than 5 million Chinese mu (0.165 acre) in 2019, according to a statement released by the ministry on Thursday.
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