--- SEARCH ---
Chinese Women
Film in China
War on Poverty
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service
China Calendar
Telephone and
Postal Codes

Hot Links
China Development Gateway
Chinese Embassies
Major Grain-producing Counties to Be Rewarded

China plans to offer 5.5 billion yuan (US$662 million) in cash rewards to some 800 major grain-producing counties across the country this year as part of its effort to ensure food security, boost rural economy and increase grain growers' income, Vice Minister of Finance Zhu Zhigang said on Thursday.
"The total grain output of these counties makes up 60 percent of China's total and at least 80 percent of all the commodity grain on the Chinese market," Zhu said at a press conference on the sidelines of the ongoing Third Session of the 10th National People's Congress.
But many of these counties are in fairly serious financial difficulty, as a result of single product mix and relatively low economic returns, he said. "The cash reward will hopefully boost grain growers' initiative and increase the fairness of China's finance policies."
He said the reward will be granted in proportion to the counties' grain acreage and output and can be spent on agricultural development, technological innovation, education, culture, health work and any other fields to improve rural economy and further raise the quality of the farmers' life.
"But in no circumstances should the money be spent on vanity projects, such as office mansions for local governments," said Zhu. "Any county that misuses the fund will be erased from the list of awardees."
In the past, grain-producing counties found themselves in a dilemma despite their contributions to the country's food supplies.
China moved to step up grain production last year when its grain output had kept declining for five consecutive years from 1999 to 2003, which aroused concern over food security and drastic hikes in grain prices.
To spur grain production, the government in 2004 provided 11.6 billion yuan (US$1.4 billion) of direct subsidies to grain growers nationwide, 2.8 billion yuan (US$337 million) in subsidies for improved seed strains in 13 major grain-growing provinces and 37.6 billion yuan (US$4.5 billion) of treasury bond proceeds to agriculture, according to Finance Minister Jin Renqing.
In 2004, China's grain production hit 469.5 million tons, 38.8 million tons or 9 percent more than the previous year, the biggest ever annual growth rate.
Minister of Finance Jin Renqing promised in late December that his ministry, instead of cutting the spending on agriculture for 2005, would go on improving policies on agricultural subsidies while giving more substantial support to increase agricultural production capacity.

(Xinhua News Agency March 10, 2005)

Grain Self-sufficiency Still Key Challenge
Change of Growth Pattern Matters
Protecting Farmers' Interests
Grain Production Macro-controls to Be Enforced
China to Tighten Control on Grain Production
Print This Page
Email This Page
About Us SiteMap Feedback
Copyright ©China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688