National Food and Strategic Reserves Administration

The National Food and Strategic Reserves Administration (Chinese: 国家粮食和物资储备局) is a deputy ministerial-level national agency administered by the National Development and Reform Commission of the People's Republic of China.^[1][2] Its mandate is to stockpile strategic resources and intervene in markets using this stockpile when necessary.^[3]: 218

National Food and Strategic Reserves Administration

国家粮食和物资储备局
National Food and Strategic Reserves Administration housed at the National Development and Reform Commission
Agency overview
Formed	March 17, 2018; 7 years ago (2018-03-17)
Jurisdiction	People's Republic of China
Headquarters	25 Yuetan North Street, Xicheng District, Beijing
Agency executive	Liu Huanxin, Director
Parent agency	National Development and Reform Commission
Website	www.lswz.gov.cn

History

The National Food and Strategic Reserves Administration is established in March 2018 as part of the deepening the reform of the Party and state institutions. The National Development and Reform Commission is responsible for management. Concurrently, the State Grain Bureau was abolished.^{[4][5][6][7][3]: 218}

On April 4, 2018, the National Food and Strategic Reserves Administration was inaugurated. ^[8]

As the State Reserve Bureau in 2005, it released 80,000 tonnes of copper into the global market amid rapidly rising copper prices.^[3]: 218 In 2019, the Administration released pork onto the market following a swine flu outbreak.^[3]: 218 In 2021, the Administration released 110,000 tonnes of copper into the global market.^[3]: 218

Leadership

Directors

Name	Chinese name	Took office	Left office	Ref.
Zhang Wufeng	张务锋	April 2018	June 2022
Cong Liang	丛亮	2 July 2022	30 August 2023
Liu Huanxin [zh]	刘焕鑫	30 August 2023	Incumbent