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BEIJING: China is to levy export taxes on wheat, corn, rice, soybean and other processed products next year, the official Xinhua news agency said on Sunday.
The ministry of finance said the rates would range from five to 25 percent, the agency said in a brief dispatch.
It had already said earlier in December that it would eliminate export tax rebates on 84 categories of grain and grain products in an apparent effort to fight high inflation and ensure domestic food supplies.
The government has said repeatedly in recent months it is working to ensure a stable food supply to the nation's growing population of about 1.3 billion, the world's largest.
Exacerbating the problem is that China's arable land is steadily being lost to expanding cities and environmental degradation.
- AFP/so
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