China’s increased utilization of grain markets and resources in countries along the“ One-Belt and One-Road” under the new situation

The countries along the “One-Belt and One-Road” are important grain producing areas in the world and have great potential to increase grain production. Accoding to the estimation results based on the GAEZ model, taking 2018 as the reference period, the potential for increased grain production in countries along the “One-Belt and One- Road” is about between 538 million to 561 million tons. The countries along the “One-Belt and One-Road” are also major exporters of wheat and rice with great grain export potential, too. China’s increased utilization of grain markets and resources in countries along the “One-Belt and One-Road” helps China to diversify the sources of grain import to reduce the risks of international grain market utilization. In addition, it can also improves grain security of countries along the “One-Belt and One-Road”, increases the total supply of international grain markets to reduce the cost of China’s grain import, to build China’s own global grain supply chain channels and international grain cycle, and to promote a shift in world grain security governance to a more favourable direction for developing countries. In the future, China’s governmant should further strengthen mutually beneficial and win-win cooperation with countries along the “One-Belt and One-Road” in the field of grain trade, promote the construction of regional grain logistics infrastructure, strengthen the construction of facilitation mechanism for regional grain trade, and jointly safeguard the multilateral international grain trade rules and order.