About Us | Help | Sitemap | Archive | Mirror in USA | Mirror in Japan   
 
China  

China Removes Some Grain Strains from Price Protection

China will remove some inferior grain strains from the State's price protection this year in order to urge farmers to optimize their crop-growing mix and produce more high-quality crops.

According to a circular released by the General Office of the State Council, the grains affected include spring wheat in northeast and north China, early indica rice in south China, and wheat and corn in the Yangtze River valley and regions south of the river.

The circular said the adjustment is of great importance to improving the distribution of China's grain production and protecting farmers' long-term interests.

It will also spur farmers to grow other varieties of grain or cash crops and increase their income, said the circular.

Local grain processing enterprises are allowed to purchase grains directly, and farmers are encourage to sell their produce on wholesale and retail markets. The grain markets will be open throughout the year.

Market management should be strengthened to prevent illegal grain purchase, added the circular. The Agricultural Development Bank of China will offer loans for grain purchase and sale enterprises.

In recent years, the Chinese government has been purchasing farmers' surplus grain output at protective prices, aiming to help them maintain their grain production capacity. The latest move to narrow the scope of price protection came at a time when the country has had ample grain supply in the last few years.






In This Section
 

China will remove some inferior grain strains from the State's price protection this year in order to urge farmers to optimize their crop-growing mix and produce more high-quality crops. Local grain processing enterprises are allowed to purchase grains directly, and farmers are encourage to sell their produce on wholesale and retail markets. The grain markets will be open throughout the year.

Advanced Search


 


 


Copyright by People's Daily Online, all right reserved