Home / Business / Food & Beverage Tools: Save | Print | E-mail | Most Read | Comment
Bumper grain harvest this year: top planner
Adjust font size:

China can expect a record-high grain output of 525 billion kg this year, sustaining a rising momentum of grain harvest for five straight years, said a top economic planner at a national work meeting on rural economy here on Monday.

"The steady increase in the grain output has helped reinforced people's confidence in the country's economic and social development," said Du Ying, deputy head of the National Development and Reform Commission at the meeting held in this capital of east China's Anhui Province.

However, he pointed out that China will face a hard year in the agricultural sector in 2009, as the global financial crisis started to cause turbulence in the world grain market.

Du said that major prices of wheat, corn and rice started to fall in October. A weak market demand would hurt farmers.

He urged the local governments to increase the minimum purchase prices of major agricultural products and the subsidies to farmers and the farming sector.

The commission's figures showed that the per-capita farmer's income would surpass 4,600 yuan (US$669) this year, which is 400 yuan more than last year's level.

(Xinhua News Agency December 2, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- China foresees bumper grain harvest this year
- Garden the perfect place to harvest Chinese culture
- Chinese diplomats help DPRK farmers in harvest
- Ministry of Agriculture expects good rice harvest
Most Viewed >>
- China expects economy to grow 10% in 2009, expert
- ARJ21-700 completes maiden flight
- Economist: Service industries should be a new engine
- SMEs scouting for ways to remain in business
- Income tax threshold 'will not be over 3000 yuan'
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?