The national chemical fertilizer commercial reserve system is an important part of the chemical fertilizer supply and price stability mechanism. Recently, the National Development and Reform Commission and the Ministry of Finance jointly issued the “National Chemical Fertilizer Commercial Reserve Management Measures” to strengthen the management of national chemical fertilizer commercial reserves. On the basis of the original regulatory documents, the “Measures” comprehensively consider the development requirements of the situation and the needs of reserve work, optimize and improve departmental regulations, make relevant provisions on reserve scale and variety determination and task issuance, storage, investment rotation, financial subsidies, supervision and verification, legal responsibilities, etc., while optimizing the division of responsibilities of supervisory authorities, clarifying the rights and obligations of storage enterprises, and providing institutional guarantees for the management of national chemical fertilizer commercial reserves. In the next step, the National Development and Reform Commission, together with relevant parties, will earnestly carry out the implementation of the “Measures”, quickly issue a new round of national chemical fertilizer commercial reserve tasks during the storage responsibility period, do a good job of reserve supervision and management, strengthen the coordination of policies and measures to guarantee supply and price stability, promote the balance between supply and demand and basic price stability in the fertilizer market, and strongly guarantee agricultural fertilizer needs.

The national chemical fertilizer commercial reserve system is an important part of the chemical fertilizer supply and price stability mechanism. Recently, the National Development and Reform Commission and the Ministry of Finance jointly issued the “National Chemical Fertilizer Commercial Reserve Management Measures” to strengthen the management of national chemical fertilizer commercial reserves. On the basis of the original regulatory documents, the “Measures” comprehensively consider the development requirements of the situation and the needs of reserve work, optimize and improve departmental regulations, make relevant provisions on reserve scale and variety determination and task issuance, storage, investment rotation, financial subsidies, supervision and verification, legal responsibilities, etc., while optimizing the division of responsibilities of supervisory authorities, clarifying the rights and obligations of storage enterprises, and providing institutional guarantees for the management of national chemical fertilizer commercial reserves. In the next step, the National Development and Reform Commission, together with relevant parties, will earnestly carry out the implementation of the “Measures”, quickly issue a new round of national chemical fertilizer commercial reserve tasks during the storage responsibility period, do a good job of reserve supervision and management, strengthen the coordination of policies and measures to guarantee supply and price stability, promote the balance between supply and demand and basic price stability in the fertilizer market, and strongly guarantee agricultural fertilizer needs.