New Grain Production Policies Unveiled

China has introduced a series of policies to boost grain production this year, according to the Ministry of Agriculture and Rural Affairs and the Ministry of Finance.

The country will issue onetime subsidies for farmers to help them cope with increasing expenditures caused by price hikes of agricultural supplies. The ministries will continue to support the development of 6.67 million hectares of highstandard farmland, and provide subsidies for the purchase and application of agricultural machinery. Subsidies shall also be offered for corn and soybean planting, and the minimum purchase price for rice and wheat will be raised to protect farmers’ interests.

Meanwhile, the ministries called for building industrial parks and clusters for grain and oil production, thus forming integrated industrial chains. Disaster relief funds will be increased.