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Ministry of Agriculture Rewards National Major Seed Production Counties, Advances Support Policies for Modern Seed Industry
On May 4, it was learned from the Ministry of Agriculture that the Department of Industrial Policy and Regulation of the Ministry of Agriculture announced on April 30 the 2015 policy measures for deepening rural reform, developing modern agriculture, and promoting farmers' income growth. These include support policies for advancing the development of the modern seed industry, which will promote the development of the modern seed industry through measures such as implementing the central government fiscal reward policy for national major seed production counties and continuing to carry out new variety demonstration and display.
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How banks can make full and good use of support policies for agriculture
Coinciding with the spring plowing season, demand for financial support for agriculture is growing day by day across all localities. The China Banking Regulatory Commission recently issued the "Notice on Doing a Good Job in Rural Financial Services for 2015," requiring banking financial institutions to strengthen their responsibility for agricultural support services and push financial resources to continue tilting toward the "three rural" issues.
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Ministry of Agriculture: Develop New Rural Financial Organizations, Advance Financial Support for Agriculture
On May 4, it was learned from the Ministry of Agriculture that the Department of Industrial Policy and Regulation of the Ministry of Agriculture published on April 30 the 2015 policies and measures of the state for deepening rural reform, developing modern agriculture, and promoting increases in farmers' incomes. Among them were measures for developing new types of agricultural financial organizations, mainly financial support
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Capital markets support agricultural M&A and restructuring to serve the development of agriculture, rural areas and farmers
Jiang Yang, vice chairman of the China Securities Regulatory Commission, recently said at the China Rural Finance Development Forum that the CSRC will step up market efforts to serve agriculture, rural areas and farmers, continuously increase the supply of financial services suited to the characteristics of agriculture, rural areas and farmers, promote innovation-driven development of the agricultural industry, and raise the level of futures market services for agriculture, rural areas and farmers.
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Government-Bank-Insurance Model Solves the Fiscal Dilemma of Supporting Agriculture
Huicheng District of Huizhou City, Guangdong Province, gives full play to the incentive and policy-guiding role of fiscal funds for supporting agriculture, makes full use of fiscal measures as an important means of resource allocation, actively innovates financing guarantee services, and launches the government-bank-insurance business to leverage social capital into agricultural infrastructure.
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The financial support system for contract farming urgently needs to be improved
Contract farming mainly takes the forms of agricultural product purchasing and selling, cooperation, and land leasing and subcontracting. Banking institutions have actively innovated credit products, effectively meeting the financial needs of developing contract farming. However, there are still some prominent contradictions between financial supply and demand, and further
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Central government gives strong support to appropriately scaled grain farming
Recently, the Ministry of Finance and the Ministry of Agriculture allocated 143.4 billion yuan in three items of funding: comprehensive agricultural input subsidies, direct subsidies to grain farmers, and crop improved seed subsidies. At the same time, the Ministry of Finance and the Ministry of Agriculture, on the basis of extensively soliciting and listening to opinions from all sides, and after reporting to and receiving approval from the State Council, will launch
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Policy support urgently needed for the industrialization of potatoes as a staple food
At the beginning of this year, the Ministry of Agriculture announced that China would make a major push to develop potatoes as a staple food, gradually making them the fourth largest staple crop, with more than 50% of potatoes expected to be consumed as a staple food by 2020. Once this information came out, it was welcomed by the industry. Recently, reporters at the
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For gutter oil to fly high, policy support is still needed
On the morning of March 21, a Hainan Airlines Boeing 737-800 passenger plane flew from Shanghai Hongqiao to Beijing International Airport. This flight used biofuel converted by Sinopec from waste cooking oil collected from restaurants (commonly known as "gutter oil"). This is China's first use of bio
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Greater support for key areas and weak links in agriculture, rural areas and farmers
The 2015 No. 1 Central Document took agricultural modernization as its theme, focusing on agriculture, rural areas and farmers for the 12th consecutive year. A relevant official of Agricultural Bank of China said that from a financial perspective, the implementation of the No. 1 Document contains both opportunities for rural financial development, such as accelerated agricultural development, increased state investment, and further
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