Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
ADB grants loans to agriculture development in landlocked Chinese province
+ -
16:10, December 18, 2007

 Related News
 ADB grants loans to agriculture development in landlocked Chinese province
 ADB: Conscious actions needed to help rural poor in Asia
 ADB: Economic growth in E Asia to ease to 8.0% in 2008
 ADB to mainstream environmental consideration into operations
 ADB helps agriculture commercialization in Nepal's eastern region
 Comment  Tell A Friend
 Print Format  Save Article
The Asian Development Bank (ADB) on Tuesday announced it would provide financial support to help poor farmers in central China's Henan province adopt advanced cultivation practices to grow fruits and vegetable.

In a statement released Tuesday, the regional lender said it will provide 66.7 million U.S. dollars in loans and 400,000 U.S. dollars in grants for a 135.6-million-U.S.-dollar project that creates value for poor farmers, local agro-enterprises and consumers. The project will cover 215 villages, and about 250,000 farmers in Sanmenxia city of the Henan province, the report said.

The project will introduce improved crop and farm technologies and cultivation practices on 16,330 hectares in fruit tree crops and high value vegetable production bases. More effective utilization of fertilizers and agrochemicals will be achieved through improved access to soil and water testing facilities, it said.

Farmers there have limited access to markets or the technology required to introduce more economically and environmentally sustainable practices and diversity into more productive, higher-value crops.

Sanmenxia Municipality has witnessed high economic growth in the past years due partially to massive production of fruits and vegetable as well as the expanding fruits trade, but farmers still lack the access to information and technologies that make ways to a more economically and environmentally sustainable growth, the bank said.

Source: Xinhua

  Your Message:   Most Commented:
Readers Pick: Similar poses by babies and cats

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved