Xinhua | Editor: Liangyu | July 22, 2017:
BEIJING, July 22 (Xinhua) — High costs in grain production are posing challenges to China’s agricultural competitiveness, a report said.
Rapidly-growing labor and land costs have boosted prices of homegrown farm produce to levels near or even higher than imported grain, according to a report by the Rural Development Institute of the Chinese Academy of Social Sciences.
The report said domestic agri-businesses are losing ground while products from their foreign peers are securing more market shares.
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