Agricultural Development Bank of China Invests Billions into China’s Rural Sector in Early 2016

The Agricultural Development Bank of China (ADBC) provided more financial support to China’s agriculture and rural development in the first quarter. The major policy bank poured in 380.5 billion yuan (58.5 billion U.S. dollars) to support agriculture, rural areas and farmers in the first quarter, double the amount in same period last year, it said…Full

Chinese Farmers Reluctant to Move to Urban Centers

About half of Chinese farmers are unwilling to move to cities, despite government initiatives to accelerate urbanization. This is according to a recent report on the challenges posed by industrialization, urbanization, and agricultural modernization…Full Article: CCTV Apr 2016 Key Point According to a report that polled Chinese farmers, approximately 51% expressed interest in moving to

China to Reform Agricultural Subsidies in its 13th Five-Year Plan (2016-2020)

China will reform a series of agricultural subsidies and ways of financial investment in agricultural industry in the 13th Five-Year Plan period (2016-2020), the Xinhua-run Economic Information Daily reported on Wednesday [16 September 2015]. The authorities are expected to combine the existing three subsidy policies including subsidy for superior crop varieties, direct subsidy to grain-growing

China to Allow Farmers to Use their Contracted Land and Homes as Collateral For Loans

Chinese farmers will soon be allowed to use their management rights over contracted land and their homes as collateral for bank loans. The trial programs, announced by the State Council on Monday [24 August 2015], are an attempt to revitalize rural land assets, increase the investment in long-term and large-scale agricultural projects, and raise farmers’

The Supreme People’s Procuratorate (SPP) Launches Anti-Corruption Campaign in China’s Agriculture Sector

China’s procuratorial agencies investigated 28,894 officials for duty-related crimes in sectors related to agriculture and poverty relief in the past two and a half years. Some 16,385 of them were suspected of bribery, accounting for 56.7 percent of the total investigated from the beginning of 2013 to the end of May [2015], the Supreme People’s