Based on newly available archives, this paper describes the rice-control negotiations and the changes in grain-management organizations under the Wang Jingwei Regime, with a view to examining the complicated situation of food supply in occupied China. From 1940 to 1945, three grain-management organizations were successively established by the Wang Regime. These were Grain-management Committee, Grain Ministry and Grain-control Committee. Since these organizations were in charge of the purchase and rationing of grain, we can examine the rice-control policies of the Wang Regime by observing their operations. This paper not only analyzes the food supply but also reveals the relations between the Wang Regime and the Japanese authorities in China during the World War II. Once the Wang Regime was established, it immediately took advantage of the grain panic of the 1940’s and recovered the grain supply area for civilians. By leaving grain purchases to the Wang Regime, the Japanese authorities managed to obtain more grain supplies than under the formal direct control system. Thus both sides benefited from the arrangement. In their grain management as well as their negotiations, it can be seen that the Wang Regime carefully and consciously defended its autonomy while the Japanese also flexibly adjusted their policy according to economic reality. Japan had to modulate its policy when it could not control the Chinese local situation. After its rice-control negotiations with Japan, the Wang Regime tried to handle grain management in occupied China. Through this case study, this essay hopes to throw light on the food supply and the relations between the Japanese and the Wang Regime during the war.