USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Industries

500m yuan for agricultural modernization

Xinhua | Updated: 2013-08-17 11:04

BEIJING - The Chinese government has allocated 500 million yuan ($81.2 million) to promote agricultural modernization, the Ministry of Finance announced Friday.

The money will mainly be used to promote large-scale farming; support farmers in joint partnership, family farms or cooperatives; and to boost agriculture-related technological innovation.

The money will be channelled to eight provinces, including Jiangsu, Anhui, Shandong and Hunan.

In April, the State Council - China's cabinet - rolled out its first major reforms in agriculture since its inauguration, floating schemes to accelerate modernization.

The development of modern agriculture practices is "an important strategic mission" that will sustain economic growth, increase income for farmers and improve people's well-being, according to a statement issued by the State Council in April after an executive meeting presided over by Premier Li Keqiang.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US