In­vest­ment will help pro­tect farm­land

China Daily European Weekly - - News Digest -

China will in­vest 600 bil­lion yuan ($87.5 bil­lion) in the next four years to pro­tect farm­land and im­prove its fa­cil­i­ties, an of­fi­cial said on Jan 24, as the coun­try is set to en­cour­age more pri­vate cap­i­tal to par­tic­i­pate in the farm­land im­prove­ment process. Han Jun, deputy di­rec­tor of the Of­fice of the Cen­tral Lead­ing Group for Ru­ral Work, said a na­tional ef­fort to in­crease the area of well-fa­cil­i­tated farm­land from the cur­rent 26.7 mil­lion hectares to 53.3 mil­lion hectares by 2020 could cost about 600 bil­lion yuan, and au­thor­i­ties will en­cour­age pri­vate cap­i­tal to take part in the process. The group is China’s top ru­ral af­fairs de­ci­sion-mak­ing agency.

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