How can agricultural industrialization develop? The Ministry of Finance issues a document to promote it
Editor's note: This column is compiled from the content of the finance sub-column of "Evening First Information" on China Radio International's Global Information Channel, with Lai Jianing as the program editor-in-chief. Every day, the program selects the most noteworthy news from the massive amount of global financial information, reporting and interpreting it first to help listeners capture all the latest financial headlines in one go.
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Ministry of Finance issues document to promote agricultural industrialization development, encourages Internet Plus Agriculture
In recent years, as the country has enjoyed consecutive years of bumper grain harvests and international grain prices have continued to decline, the state has not only refrained from loosening its support for agriculture, but has also innovated in the direction and forms of support. The Ministry of Finance today issued guiding opinions and proposed development goals. Starting from 2016, comprehensive agricultural development industrialization operation projects will focus on supporting regional agriculture with advantageous and distinctive industries, with support mainly centered on improving the industrial chain of agriculture with advantageous and distinctive industries. At the same time, it encourages the development of “Internet Plus Agriculture” and actively supports the construction of e-commerce platforms for advantageous and distinctive agricultural products.
Regarding support methods, the opinions point out that the guiding and leveraging role of fiscal funds on financial capital and social capital should be fully brought into play, the support methods of fiscal funds for agriculture with advantageous and distinctive industries should be adjusted and improved, and a diversified support system should gradually be formed, mainly based on loan interest subsidies, supplemented by fiscal subsidies, and coexisting with multiple forms such as fiscal equity investment funds.
Liu Xiaofeng, chief analyst for the agriculture, forestry, animal husbandry and fishery industry at Minzu Securities, said that for agriculture, domestic agriculture is a very large market, and domestic trade cannot be relied upon to solve the country's food problem. Therefore, the government needs to support agriculture and ensure grain production as well as food security. In addition, the methods of support need to be adjusted; what is needed now is grain and the people who grow it. The enthusiasm of grain growers must be maintained.
According to the "Comprehensive Implementation Plan for Deepening Rural Reform" issued by the General Office of the State Council earlier this month, which is the current top-level design for our country's rural reform, a mechanism for stable growth of investment in agriculture and rural areas should be established, agriculture and rural areas should be made a priority area for fiscal expenditure, central budget investment should continue to be tilted toward agriculture and rural areas, and it should be ensured that investment in agriculture and rural areas only increases and does not decreases.
Liu Xiaofeng said that for agriculture, domestic agriculture is a very large market, and domestic trade cannot be relied upon to solve the country's food problem. Therefore, the government needs to support agriculture and ensure grain production as well as food security. In addition, the methods of support need to be adjusted; what is needed now is grain and the people who grow it. The enthusiasm of grain growers must be maintained.
Securities Association of China holds healthy run, month for combating illegal securities activities kicks off
In order to protect the lawful rights and interests of investors, stay away from illegal securities activities, and establish healthy and rational investment concepts, the Securities Association of China organized member companies on November 15 to carry out the activity "Stay Away from Illegal Securities Activities, Pass On Positive Energy——Protect the Lawful Rights and Interests of Investors, Month for Publicizing the Combating of Illegal Securities Activities." This station's (China Radio International) program "New Wealth Time" participated throughout the grand occasion as the exclusive cooperating media.
At the launch ceremony, Wang Min, vice chairman of the Securities Association of China, delivered an important speech. Wang Min said that the healthy run on November 15 marked the beginning of the Securities Association of China's one-month "Month for Publicizing the Combating of Illegal Securities Activities." Wang Min highly recognized the special program on combating illegal securities activities, "The Truth," specially produced by China Radio International's New Wealth Time program, and especially emphasized that "The Truth" will continue to be broadcast weekly to analyze cases of illegal securities activities for a broad audience. Through publicity, more people will understand the nature, content and forms of illegal securities activities, so that fewer people will be deceived and cheated, and the lawful rights and interests of investors and member units will not suffer unnecessary losses.
Wang Min, vice chairman of the Securities Association of China; Li Zhibin, deputy director of the Bureau of Combating Illegal Securities and Futures Activities of the China Securities Regulatory Commission; Meng Youci, secretary-general of the Securities Association of China; Huang Yongguo, director of China Radio International's Global Information Radio Channel; Yu Yunjiang, editor-in-chief of the "New Wealth Time" program, and other leaders attended the launch ceremony. A total of nearly 500 people from running teams including the Anti-Illegal Activities Bureau of the China Securities Regulatory Commission and the Securities Association of China, as well as investor representatives, participated in the healthy run activity at the Beijing station.