Liu Yonghao, chairman of New Hope Group

Liu Yonghao, chairman of China's agricultural conglomerate New Hope Group and a national political advisor, suggested the feed and breeding industry nationwide should act together to save grain and improve efficiency from the production end.

China's grain output reached 682.85 million tons in 2021, according to the National Bureau of Statistics. "If New Hope Group increases the comprehensive utilization rate of feed by 1 percent every year, it can save 1.5 million tons of grain in five years," Liu said.

"We talked more about saving grain from the consumption side in the past, but it was also important for the production side to save grain," he added.

According to Liu, the group will save grain by improving methods in breeding and feed formulas to increase the utilization rate of feed.