USEUROPEAFRICAASIA 中文双语Français
Home / Top News

Insured tea, crabs help China's farmers

By Reuters in Hong Kong | China Daily | Updated: 2016-10-08 07:23

Ma Rongda, a tea grower for nearly 30 years, knows how badly his business can be affected by extreme weather. But when heavy snow and cold hit his tea garden earlier this year, Ma was not as worried as he used to be.

"I bought insurance for my tea plantations," he explained. For an annual premium of some 7,000 yuan ($1,050), the 46-year-old received compensation of more than 220,000 yuan - enough to cover all of his production costs last year.

This is the second year that Ma and his fellow farmers in eastern China's Anji County have had access to insurance. Before that, no policies were available for Chinese tea growers looking to secure their crops.

Insured tea, crabs help China's farmers

Today's Top News

Editor's picks

Most Viewed

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