The National Development and Reform Commission says that nearly 40 billion yuan, or a third of the country's treasury bonds, have been invested in agricultural infrastructure.

The move marks a transition from the previous practice of using them to drive economic growth.

T-bond investment has been strengthened in various water projects in rural areas.

Commission director Ma Kai said China's agriculture production is affected by environmental and climate conditions, as well as financial restrictions.

The government says it will continue to put T-bonds into agricultural infrastructure in the near future.

(cctv.com December 17, 2004)