Source: CCTV.com

11-25-2008 13:30

China's Ministry of Finance is planning to launch 8 long-term mechanisms to ensure healthy growth of the country agricultural sector.

China's Ministry of Finance is planning to launch 8 long-term mechanisms to ensure healthy growth of the country agricultural sector.

The Ministry has announce this week, that it will build a basic farmland protection system and a reasonable grain price mechanism, to protect grain safety and price stability. It is also improving subsidiary mechanisms for grain growers, and major grain-producing provinces.

MOF adds it will establish a cost-control and insurance system for grain and food oil products, as well as boost logistics efficiency in the industry.

 

Editor:Xiong Qu