The Chinese central government has earmarked 650 million yuan ($105 million) for the prevention of plant disease and elimination of pests. The Ministry of Finance asked local authorities to distribute the money in time and make sure the special funds will be used properly…Full Article: China Daily Sept 2014

Key Point

  • An additional 1.55 billion CNY (~US$252 million) will be to support water conservation and irrigation projects in Jiangsu, Henan, Shaanxi, and Ningxia Hui.

ChinaAg Comment

  • In April 2013, China’s Ministry of Finance announced it had allocated 7.9 billion CNY (~US$1.25 billion) to support spring ploughing, combat plant pests, and enact drought prevention measures.

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