Strong funding to power rural vitalization drive
By Hou Liqiang | China Daily | Updated: 2018-02-06 07:34
Change of land quota system pumps capital into poverty eradication effort
The central government will guarantee funds needed for an ambitious rural vitalization campaign through direct investment and preferential policies to help raise capital, senior officials said.
While raising public finance inputs, more of the revenue the government gets from land transactions will be spent in rural China, Han Jun, chief of the Office of the Central Rural Work Leading Group, said on Monday in Beijing.
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