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Agricultural machinery leasing begins trial, Ministry of Agriculture joins hands with Agricultural Bank of China
It is cotton harvesting season in Xinjiang again. A Case New Holland cotton picker worth 3.2 million yuan requires no collateral; an agricultural machinery cooperative only needs a 30% down payment to take it home. This was the first agricultural machinery leasing order in China, witnessed by reporters in Shawan County, Xinjiang. Similar to taking out a mortgage to buy a house, in this county
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Xinjiang pilot on agricultural machinery leasing: 30% down payment on farm machinery purchases, interest on the balance subsidized
Recently, a pilot project on financial leasing of agricultural machinery, jointly carried out by the Ministry of Agriculture and the Agricultural Bank of China Financial Leasing Company (ABC Financial Leasing), landed in Xinjiang, with 17 cotton pickers all delivered and put into use before the arrival of the new cotton-picking season. This marks that China's agricultural financial leasing business
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Upper limit to be set on industrial and commercial capital leasing farmland
Following November 20, after the state issued the "Opinions on Guiding the Orderly Transfer of Rural Land Management Rights and Developing Moderate-Scale Agricultural Operations" (hereinafter referred to as the "Opinions"), a 21st Century Business Herald reporter learned from authoritative channels that state ministries and commissions have recently been intensively soliciting suggestions from various regions on the regulation of industrial and commercial capital access and risk prevention, and are expected to introduce specific rules regulating industrial and commercial capital going to the countryside.
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Protecting Farmers' Interests Is the Prerequisite for Releasing the Dividends of Land Reform
Xi Jinping chaired the seventh meeting of the Central Leading Group for Comprehensively Deepening Reform on the 2nd. The meeting reviewed the "Opinions on the Pilot Work of Rural Land Expropriation, Entry of Collective Operational Construction Land into the Market, and Reform of the Homestead System." The meeting pointed out that the public ownership of land must be upheld
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Financial leasing eases farmers' difficulty in buying machinery, agricultural mechanization rate develops unevenly
In recent years, the role of mechanization in China's agricultural modernization has become increasingly obvious. However, in some fields, due to a shortage of funds, there still exists the phenomenon that farmers cannot afford to buy machinery. How to cultivate the rural financial market and innovate financial methods to support the development of agricultural mechanization has become very
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Why Are Corn Prices Weak? Ample Supply in Sales Areas, Social Inventories Still Being Released
I. Spot Market Northeast Production Areas: Outbound shipments from production areas temporarily stable; spring planting underway in Heilongjiang Currently, traders in Northeast production areas are still releasing inventory, and outbound prices remain stable compared with last week. At present, grain sources in the hands of farmers in Liaoning and Inner Mongolia are basically sold out, while some villages in Jilin and Heilongjiang still have corn for sale, but farmers' asking prices are relatively high, traders' current purchasing willingness is not strong, and buying and selling are sluggish. Regarding spring planting, all Northeast regions except Heilongjiang have completed spring planting, and seedling emergence in Jilin and Inner Mongolia is good. Rainfall this week effectively alleviated the earlier drought in Liaoning. In eastern and northern Heilongjiang, planting was delayed due to low temperatures earlier, and spring planting work is still underway.
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