China’s main producing areas have acquired a total of 304.7 billion catties of autumn grains, an increase of 34.2 billion catties year-on-year, and the progress of autumn grain purchases has accelerated significantly, according to the State Administration of Grain and Material Reserves.
From the price point of view, the purchase price of rice has been mainly stable, corn is relatively stable, with a slight increase, domestic soybeans have gone out of the independent market, and the market is active in purchase and sales, Xinhua News reported. 
The relevant person in charge of the State Bureau of Grain and Material Reserves said that the current food security situation in China is generally good, the grain inventory is at a historical high, and the ability to guarantee food security has been further enhanced.
In terms of technology empowerment, insurance institutions are required to increase investment in technology and improve the ability and efficiency of underwriting and claims settlement services.
