Draft revision to the Law on Farmers’ Specialized Cooperatives was submitted to the Standing Committee of the National People’s Congress (NPC) for reviewing Thursday [22 June 2017]. The draft expands the scope of specialized cooperatives, adding several new businesses to the cooperatives, including folk arts and crafts, leisure agriculture, and rural tourism…Full Article: ECNS.cn June 2017

Key Point

  • Launched in 2007, China’s Law on Farmers’ Specialized Cooperatives permits the creation of specialized cooperatives. These specialized cooperatives allow farmers who engage in similar agricultural output to pool resources.

ChinaAg Comment

  • As of October 2015, according to the Ministry of Agriculture, China had 1.48 million registered Farmers’ Specialized Cooperatives (FSCs). Critics have noted that a large share China’s FSCs are not genuine smallholder cooperatives but instead sham cooperatives formed to take advantage of government subsidies and policies.

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