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’

China’s Ministry of Finance Allocates Over ~US$350 million to Support Domestic Agricultural Production

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

Chinese Looks to Modernize its Agriculture Sector by Easing Restrictions on Access to Finance

China will offer customized financial services to new farming practices to push agricultural modernization, China’s central bank said on Friday [21 February 2014]. Financial institutions should give more credit support to innovative farming entities such as family farms and agricultural cooperatives by adjusting loan rates, maturity length and collateral, according to a statement released by