Monday 20 January 2014

China issues No.1 central document on agriculture

China on Sunday issued its first policy document of 2014, setting its priorities as rural reform, modern agriculture and food security. Qi Tianxing has the details.
Termed as the "No.1 Central Document", it listed eight focal points for work related to the three rural issues...agriculture, rural areas and farmers.
The document put improving the national food security system on the top of the reform list for 2014 and the next few years. It also focused on the development of modern agriculture and laid out the way the countryside is governed.
"To achieve these goals, it requires modern technology, reasonable operation scale, strong market competitiveness and sustainable ecological environment," said Dang Guoying, researcher of Rural Deve't Institute, CASS.
The No.1 Document also stresses the importance of deepening rural land reform. It outlined for the first time that farmers should be empowered to mortgage their land-use rights for financing, under the precondition that the land possession is not transferred and the land use is not changed.
"The document clearly responded the concern of the whole society. It stresses the market competitiveness. I think it’s very important for future rural reforms," said Dang Guoying, researcher of Rural Deve't Institute, CASS.
According to the document, China will intensify policy support and protection of agriculture by promoting steady increases in agricultural expenditures, financial subsidy policies for agriculture and setting up an interest compensation mechanism based on the price difference on the market.
Source: CCTV

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