CHINA TOPIX

11/21/2024 10:56:02 pm

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Food Safety, Modern Farms Top China's Agenda

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(Photo : Reuters) A vendor weighs vegetable at a market in Fuyang, Anhui province December 10, 2014. Government is now taking steps to ensure food productivity will be increased.

China had placed food safety and farm modernization as top priorities this year.

The country's 2015 rural policy outline highlighted declining agricultural productivity, raising concerns about its future food supply. 

China had been under pressure to increase its food supply amid dwindling and contaminated lands. 

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State media Xinhua released a document that enumerated measures the government plans to take to ensure food security.

It says China will protect farmlands and would allow farmers to borrow more funds for agricultural needs. It will also clean up land that has been damaged by heavy metal mining.  It also plans to create a "permanent farmland" that will be off limits to industrial and urban development.

The document also stated that modern farms will be set up, and monitoring and regulation of quality of food will be enhanced. 

More infrastructure projects will also be built in rural areas, and private investment in farms will be highly encouraged.

The government will also broaden its offerings to provide cheaper financing options to farmers. 

Financial institutions were also involved in the enhancement of China's rural policy.

China Development Bank, which is usually tapped by the government to support its projects, will have to increase mid and long-term infrastructure loans to rural areas.

The Postal Savings Bank of China, known to serve low-income entrepreneurs, will be urged to expand.

Less than half of China's population live in rural areas, according to an estimate by an international news agency.

Young people leaving their homes for the cities have greatly contributed to China's reduced food output.

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