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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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Current state of chemical fertilizer use: farmers willing to use organic fertilizer if subsidized
Fertilizing is already like smoking marijuana, you can't do without it. During the spring plowing season, in Congyan Village, Yingqiu Town, Changle County, Weifang City, Shandong Province, the reporter met 53-year-old farmer Tang Lixin, who was irrigating the field together with his wife. Tang Lixin said his plot totals 4 mu, and since it rained on the 27th day of the 12th lunar month last year, there has been no more rain, so he is irrigating with well water from the edge of the field while applying urea.
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The Dilemma of Major Grain-Producing Counties: "Others Eat, We Subsidize"
Years of consecutive grain output increases have not dispelled the worries of major grain-producing counties. A recent survey by Economic Information Daily reporters in three major grain-producing counties (cities) in Hunan - Xiangxiang City, Taojiang County and Taoyuan County - found that major grain-producing areas are generally facing difficulties such as fiscal strain, diminishing incentives for grain production, and rapid deterioration of the agricultural ecological environment. Officials in charge of grain production in major grain-producing counties (cities) said the current model of promoting grain production through over-reliance on "administrative coercion" is no longer sustainable, and major grain-producing counties (districts) generally lack internal motivation. The reason some places still keep the "major grain-producing county" label is merely a sense of "honor." If this situation is not changed, grain production could face "big problems" in the coming years.
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Interest-subsidized loan policy must not be discounted halfway
In March this year, Luonan County in Shaanxi Province introduced targeted poverty alleviation fiscal interest-subsidized loans, with the county finance covering full interest subsidies for two years. But by July, the policy was adjusted, and the fiscal authorities would only bear half of the interest subsidy funds. In response, local authorities explained it was because "a few poor households did not use the interest-subsidized loan funds for industrial development, and some even deposited the interest subsidy funds in the bank to earn interest."
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Ministry of Agriculture reminds: subsidized agricultural machinery should be applied for and purchased as early as possible, and the price can still be negotiated
China.com April 27 news: Ye Zhenqin, Director of the Planting Management Department of the Ministry of Agriculture, and Liu Hengxin, Deputy Director of the Agricultural Mechanization Management Department, accepted an exclusive interview with the Chinese government website, providing on-site interpretation of overcoming difficulties, seizing farming season, and making every effort to advance spring plowing production, and answering netizens' questions. In
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New Rules for Home Appliance Trade-In Program Introduced: Individuals Can Buy Up to 5 Subsidized Appliances
Xinhua News Agency, Beijing, June 24 (Reporters) - On June 24, reporters learned from the Ministry of Commerce that the Ministry of Commerce and 7 other ministries and commissions recently jointly issued the "Implementation Measures for the Trade-In of Home Appliances (Revised Draft)", which stipulates that during the promotion and implementation period of the home appliance trade-in policy, individuals may purchase a maximum of 5 subsidized home appliances.
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