This Day, That Year

Item from Aug 28, 1988, in China Daily: China will become a large and attractive market for agricultural airplanes by 2000. It is estimated that by 2000, the country will need 1,000 agricultural planes as agriculture comes to depend more on modern management and production techniques.

With the growing modernization of Chinese agricultural, demand for advanced devices has been growing significantly.

Last year, the Agricultural Development Bank of China and the Ministry of Agriculture signed an agreement to lend at least 3 trillion yuan ($451 billion) by 2020 for the modernization of the country's agriculture sector.