According to a report from Reuters, China is set to launch a new grain reserves company starting in January. The joint venture between state-owned grains trader COFCO and state stockpiler Sinograin was established back in September.
You can read more about this story from Reuters here: https://www.reuters.com/article/china-grains-reserves/china-to-launch-grain-reserves-company-in-2023-idUSL4N33J0IC