Group 1 - The State Council's tariff adjustment plan for 2026 aims to enhance the linkage between domestic and international markets by implementing provisional tariff rates lower than the most-favored-nation (MFN) rates on 935 items, promoting high-level technological self-reliance and modern industrial system construction [1] - The plan includes reducing import tariffs on key components and advanced materials, such as CNC hydraulic air cushions and composite joints, to support technological development and economic transformation [1] - The adjustment will also lower tariffs on medical products like artificial blood vessels and diagnostic kits to improve public health and welfare [1] Group 2 - The plan continues to implement preferential tariff rates for certain imported goods from 34 trade partners under 24 free trade agreements, promoting regional economic integration [2] - It maintains zero-tariff treatment for 100% of products from 43 least developed countries, reflecting China's commitment to supporting their development [2] - The tariff quota management for eight categories of imported goods, including wheat, remains unchanged, with a 1% provisional tariff rate on urea and other fertilizers, which is expected to stabilize agricultural production costs [2][3] Group 3 - The reduction in import tariffs is expected to lower costs for imported products, enhancing consumer purchasing power and stimulating domestic consumption [3] - The adjustment will impact corporate costs positively, allowing companies to reduce production costs and improve efficiency and product quality [3] - Increased competition from foreign imports may drive domestic companies to accelerate technological upgrades, facilitating industry transformation and upgrading [3]

Core Viewpoint - Food security is a national priority, and the foundation for food security is being strengthened through continuous improvements in agricultural production and resilience against adverse conditions [1]. Group 1: Grain Production and Yield - In 2025, China's grain production is expected to reach a new high of 14,297.5 billion jin, an increase of 167.5 billion jin or 1.2% from the previous year, maintaining stability above 14 trillion jin [3]. - The national grain planting area has reached 1.791 billion mu, an increase of 1.348 million mu or 0.1%, marking six consecutive years of growth [6]. - The average grain yield per mu has increased to 399.1 kg, up by 4.4 kg or 1.1% from the previous year [9]. Group 2: Crop-Specific Data - Corn planting area is 674 million mu, an increase of 3.301 million mu; rice planting area is 435 million mu, up by 790,000 mu; while wheat planting area is 354 million mu, remaining stable with a slight decrease of 83,000 mu [6]. - Corn yield is 446.7 kg per mu, an increase of 1.6%; rice yield is 480.4 kg per mu, up by 0.7%; wheat yield remains stable at 396 kg per mu; soybean yield is 135.9 kg per mu, an increase of 2.5% or 1.9% [9]. Group 3: Resilience and Disaster Response - The resilience of China's grain production has strengthened, achieving a bountiful harvest despite severe adverse weather conditions [12]. - The central government allocated over 6 billion yuan to support disaster prevention and recovery efforts, including drought and flood response measures [12]. - Emergency plans were implemented to facilitate rapid harvesting and drying of crops, with significant resources mobilized, including 252,000 tracked harvesters and over 2,490 mobile dryers [12].

Investment Rating - Industry Rating: Recommended [4] Core Insights - The pork industry continues to face losses, with a focus on pig farming opportunities. The average price of live pigs is 11.59 CNY/kg, down 0.46% week-on-week. The total breeding sow inventory is 39.9 million heads, down 1.1% month-on-month and 2.1% year-on-year. The industry is experiencing ongoing losses, with self-bred and purchased pig farming losses at 130.11 CNY/head and 162.80 CNY/head respectively. The recent anti-dumping ruling may alleviate domestic pork supply pressure, leading to accelerated capacity reduction [2][12]. Summary by Sections Planting Industry Chain - The Ministry of Agriculture and Rural Affairs has initiated winter crop seed supervision checks to ensure seed safety for the upcoming spring and summer planting. The checks focus on key crops such as corn, rice, soybeans, cotton, and vegetables. The commercialization of genetically modified technology is expected to accelerate, enhancing self-sufficiency rates of key varieties. Recommended stocks include Beidahuang and Suqian Agricultural Development [1][11]. Pig Farming - The average price of live pigs is reported at 11.59 CNY/kg, with a slight decrease of 0.46% from the previous week. The average price for pig futures is 11,469 CNY/ton, reflecting a 1.07% increase. The average weight of pigs post-slaughter is 89.57 kg, with a month-on-month increase of 3.21% in slaughter volume [12][62][65]. Recommended Stocks - For pig farming, recommended stocks include: 1. Livestock sector: Lihua Stock, Muyuan Food, Shuanghui Development, Dekang Agriculture, Jingji Zhino, and Wens Foodstuff 2. Feed sector: Haida Group 3. Animal health sector: Jinhai Biological, Biological Shares, Placo, and Zhongmu Shares [2][12].

"中国人要把饭碗端在自己手里，而且要装自己的粮食。"农业、农村、农民，一直是习近平总书记心之 所系。一起重温总书记对"三农"工作的殷殷关切。 ...

"十四五"时期，党中央把解决好"三农"问题作为全党工作的重中之重，深入实施乡村振兴战略，坚持农 业农村优先发展，出台了一系列强农惠农富农政策，推动农业农村发展取得历史性成就。5年来，我国 持续夯实粮食安全根基，有效巩固拓展脱贫攻坚成果，乡村活力不断释放，农业农村工作稳中有进，成 为经济社会发展的亮点。 粮食安全根基持续夯实 在贵州的苗寨，"村超"的激情呐喊点燃乡村的夜晚；在陕西的果园，红彤彤的苹果甜透老乡的心；在黑 龙江的沃野，无人收割机助力颗粒归仓。这些生动图景，共同见证了乡村新貌。农业强、农村美、农民 富的乡村振兴蓝图正加快变为现实。 无人机巡田、智能农机播种、卫星监测长势……在全国大豆种植面积最大的地级市——黑龙江省黑河 市，一场农业科技与粮食安全的双向奔赴正在上演。今年，黑河交出了一份令人振奋的成绩单：全市各 作物平均单产突破近年最高值，大豆高产地块实收亩均单产超600斤，全年粮食总产预计突破120亿斤。 全国来看，2025年粮食总产量14298亿斤，比2024年增加168亿斤，连续2年超过1.4万亿斤。国家统计局 农村司司长魏锋华说，国家着力健全粮食生产支持政策体系，启动实施中央统筹下的粮食产销区省 ...

口岸基建加码边贸振兴。该行立足地方"口岸经济升级"战略和中俄农产品贸易核心节点的区位优势，提 供政策性资金支持，累放口岸基础设施建设贷款4.3亿元，支持领域包含农产品仓储设施、冷链仓储设 施、进口粮食监管仓、中俄互市贸易免税区及林产品进口贸易等，以基建赋能推动边贸产业升级，实 现"金融赋能产业、产业带动区域经济"的良性循环，助力乡村振兴与口岸经济深度融合。 聚焦主业服务普惠小微。该行持续优化普惠金融服务，根据市场特点、行业特点、客户特点、项目特点 开展差异化营销，全面了解企业经营计划和发展规划，掌握客户的金融服务需求，优化办贷流程、降低 融资成本，投放700万元贷款，努力破解小微企业"融资难、融资贵"等问题。 "十五五"的画卷已徐徐展开，农发行满洲里市支行将始终坚守政策性金融定位，以更坚定的决心、更务 实的举措、更优质的服务，持续为满洲里市乡村振兴、粮食安全和口岸经济发展注入强劲金融动能，书 写更多精彩篇章，以实际行动诠释农发行人的使命与担当。（刘佳） "十四五"以来，农发行满洲里市支行始终坚守政策性银行的初心使命，立足满洲里"边境口岸+农牧业腹 地"的独特区位优势，将金融活水精准滴灌到粮食安全、外贸产业、绿 ...

《办法》的修订体现了创新强粮导向，进一步完善了省级储备粮管理体制机制。一是将储备企业划分为 承储企业和代储企业两种类型。二是制定储备企业行为规范。三是改进省级储备粮轮换管理。四是改进 储备粮定价机制。五是严格省级储备粮质量安全管理。 在储备粮轮换管理方面，省级储备粮轮换以储存品质指标为依据、储存年限为参考，实行均衡轮换制 度。每年轮换的数量一般为省级储备粮储存总量的25%至40%；在操作层面实行市场化运作机制，通过 规范的粮食交易中心以公开竞价交易方式进行，也可以采取直接收购、邀标竞价销售等方式进行。 本次《海南省省级储备粮管理办法》修订的内容包含以下方面：调整政府相关部门的管理职责、调整储 备企业的分类和职责、调整储备企业选取办法、调整省级储备粮的轮换周期、调整省级储备粮的轮换架 空期、调整成品粮储备的入库加工时限和质检流程、调整储备粮交易方式，以及改进省级储备粮管理费 用补贴标准调整机制。 本报讯 12月26日，省新闻办公室举行新闻发布会对《海南省省级储备粮管理办法》进行详细解读。据 了解，今年12月17日省政府办公厅印发了修订后的《海南省省级储备粮管理办法》，自明年2月1日起施 行。 省发展改革委党组成 ...

粮食安全，是"国之大者"。 10月23日，在北大荒集团黑龙江格球山农场有限公司一烘干厂，工人驾驶铲车在管理烘干的玉米。新华社发（陆文祥摄） 回望即将过去的2025年，我国粮食生产遭遇了春季干旱、高温伏旱、秋季连阴雨等灾害影响。 这背后的重要支撑是国家健全粮食生产支持政策体系，推动粮食播种面积提升，各地进一步扩大粮食单产提升工程实施规模，加大合理增密、 水肥一体化等技术推广力度，促进粮食单产水平持续增长。 各地各部门积极保面积、提单产，全力以赴保障农业生产，提升收储效能，让粮食更好入库归仓，减少粮食损耗，耕好"无形良田"。 0:00 编导：王洪流 记者：刘宇轩、吴飞座、宿传义、梁爱平、薛晨 海报：梁思语 新华社音视频部制作 责编：李驿达、卢思宇 国家粮食和物资储备局12月27日发布数据 从田间地头，到大国粮仓，再到千家万户的餐桌，全链条发力共同端牢14亿多人的饭碗，这里有国计民生，有对美好生活的向往，更有守护天 下粮食安全的大国担当。 ...

粮食安全，是"国之大者"。 10月23日，在北大荒集团黑龙江格球山农场有限公司一烘干厂，工人驾驶铲车在管理烘干的玉米。新华社发（陆文祥摄） 回望即将过去的2025年，我国粮食生产遭遇了春季干旱、高温伏旱、秋季连阴雨等灾害影响。 编导：王洪流 记者：刘宇轩、吴飞座、宿传义、梁爱平、薛晨 海报：梁思语 新华社音视频部制作 这背后的重要支撑是国家健全粮食生产支持政策体系，推动粮食播种面积提升，各地进一步扩大粮食单产提升工程实施规模，加大合理增密、水 肥一体化等技术推广力度，促进粮食单产水平持续增长。 从田间地头，到大国粮仓，再到千家万户的餐桌，全链条发力共同端牢14亿多人的饭碗，这里有国计民生，有对美好生活的向往，更有守护天下 粮食安全的大国担当。 各地各部门积极保面积、提单产，全力以赴保障农业生产，提升收储效能，让粮食更好入库归仓，减少粮食损耗，耕好"无形良田"。 ...

国家统计局数据显示，2025年全国粮食产量达14297.5亿斤，比去年增加167.5亿斤，增长1.2%，稳定在 1.4万亿斤以上。粮食播种面积持续增加，2025年达17.91亿亩，连续6年增长。这得益于各地强化耕地保 护和质量提升，优化种植结构，推进土地综合整治等。 尽管部分地区受灾，但全国大部农区气象条件良好，单产水平持续提升。多数省份粮食增产，主产区作 用明显，内蒙古、黑龙江等地合计增产近七成。 在粮食产业从生产、收储、加工到流通的全链条中，涉及大量企业与经济主体。无论是寻找稳定的粮源 供应商还是进行供应链金融或产业投资，全面、准确的企业信息都至关重要。天眼查所提供的一站式企 业信息查询与风控工具，为政府部门、科研机构、产业链企业及金融机构等参与者，提供了透明的数据 支持和决策辅助，有助于提升产业链各环节的协同效率与风险管理能力，共同守护国家粮食安全的生命 线。 在深入合作或投资前，通过天眼风险监测，可以识别目标企业是否存在经营异常，保障交易安全。对于 希望洞察企业资本背景与实控情况的用户，股东信息查询结合股权全景穿透图，能够精准定位最终受益 人，理解企业的实际控制权归属。粮食安全是"国之大者"，其背后是 ...