Whether the agricultural product price reform pilot will be expanded will depend on the circumstances

On the 22nd, the National Development and Reform Commission held a press conference on the cotton target price reform pilot and market regulation. Zhou Wangjun, deputy director of the Price Department of the National Development and Reform Commission, said that the target price reform pilot is an important measure for improving China's agricultural product price formation mechanism, and whether the pilot can be expanded to other varieties in the next step all depends on the progress of the cotton and soybean reform pilots. There is currently no timetable.

He said that the target price reform pilot is an important measure for improving China's agricultural product price formation mechanism, “Through target price reform, comprehensive measures, our scale operations, the improvement of the degree of intensive organization, and the improvement of the degree of intensification of agricultural production, we will enhance the international competitiveness of our country's agricultural products.”

He said that the current focus of work is to go all out to do a good job in the cotton and soybean target price reform, solidly carry out the pilot, and conscientiously summarize the pilot experience. The situation of each agricultural product is different. Whether the pilot can be expanded to other varieties in the next step all depends on the progress of the cotton and soybean reform pilots. There is currently no timetable.