Move to hike income of farmers
CHINA will intensify policy support in the next five years to narrow the urban-rural income gap and double farmers’ 2010 average per capita income by 2020, according to the State Council.
China will increase investment in agricultural infrastructure construction and strengthen financial services in rural areas, according to a State Council document on advancing policies to raise farmers’ income.
The country will unveil more policies to support rural residents to explore entrepreneurship and innovation, and provide more training services to farmers on their agricultural skills, according to the document.
China will encourage social capital to invest in rural areas to broaden channels for farmers to increase income and will continue to deepen the reform on rural collective property rights systems to inject vitality in rural areas, according to the document.
The social safety net in rural areas will be improved, helping farmers shake off poverty and live well-off lives in rural areas.
China spent 20.36 billion yuan (US$3 billion) developing modern agriculture last year, underscoring the country’s efforts in deepening rural reform.
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