In 2023, China's grain procurement remained stable and orderly, with an annual procurement volume of over 400 million tons; The scale of grain reserves has further increased, and grain inventories are abundant. The inventory consumption ratio is far higher than the international food security warning line; The grain industry is expected to achieve a total industrial output value of 4.3 trillion yuan, a year-on-year increase of 7%, with improved quality and efficiency. At the National Grain and Material Reserve Work Conference held on January 8th, the 2023 grain and material reserve work report was unveiled. "In the past year, China's grain market has maintained stable operation, and the national reserve strength and emergency support capacity have been further enhanced, providing strong support for the economic recovery and high-quality development." Liu Huanxin, Director of the National Grain and Material Reserve Bureau, stated that in 2024, the national grain and material reserve system will strengthen the coordinated guarantee of grain production, purchase, storage, and sales, continuously enhance the national reserve strength, and play a good role in the combination of grain supervision, law enforcement, and assessment, Intensify the construction of reserve infrastructure, strengthen technological innovation and information technology application, comprehensively improve the level of reserve management, firmly adhere to the bottom line of safety production, and accelerate the construction of a higher-level, higher quality, more efficient, and more sustainable national food security and strategic emergency material reserve security guarantee system. The grain purchase and sales market is stable and orderly. In 2023, China's grain production reached a new historical high, stabilizing at 1.3 trillion kilograms for 9 consecutive years. Looking back at the grain market over the past year, various regions have conscientiously implemented the main responsibility of grain procurement in their jurisdiction, studied and formulated response plans in advance, took targeted measures in a timely manner, actively optimized procurement services, ensured smooth sales of grain by farmers, stable and orderly grain procurement, and maintained an annual procurement volume of over 400 million tons. It is reported that the autumn grain purchase has entered the stage of concentrated and increased quantity. Overall, the procurement work in various regions is organized in an orderly manner and progressing smoothly, showing characteristics such as fast progress and stable prices. Various types of enterprises such as grain processing, reserves, and trade actively enter the market, with active market purchases and sales. At present, nearly 120 million tons of autumn grain have been purchased nationwide, with a faster progress than last year. Since the launch of autumn grain, the market supply of important autumn grain varieties has been sufficient, and prices have remained stable. This year, we will strengthen the coordinated guarantee of grain production, purchase, storage, and sales, carefully organize grain purchases, coordinate market-oriented and policy based purchases, guide diverse entities to actively enter the market, timely launch the minimum purchase price execution plan, actively respond to unexpected situations such as disasters and weather, maintain the bottom line of farmers' ability to sell grain, and improve their satisfaction with grain sales. We will solidly ensure the supply and price stability of grain, and accurately implement regulatory measures. We will deepen the promotion of high-quality grain Food engineering continuously extends the industrial chain, enhances the value chain, and creates a supply chain. Vigorously carry out grain conservation and loss reduction, optimize and improve the post production service system and capacity of grain Liu Huanxin said. As of the end of the third quarter of 2023, there were a total of 4917 grain emergency storage and transportation enterprises, 6719 grain emergency processing enterprises, 3660 grain emergency distribution centers, and 57313 grain emergency supply outlets in China, with the highest number of outlets in history; More than 90% of prefecture level cities in China have grain emergency distribution centers, and county-level emergency support capabilities are further consolidated; The guarantee level of finished grain continues to improve, 36