China’s central government has allocated 28.6 billion yuan (4.2 billion U.S. dollars) to support farmers, the Ministry of Finance said in a statement Monday.
The bulk of the funding — 18.6 billion yuan — would be used to subsidize farmers in growing improved varieties of crops such as rice, corn, and cotton.
The other 10 billion yuan [...]
When investors open their books for a new year, without doubt that China will be a hot spot that they can’t afford to miss. And for many who have closely followed the country’s rise from economic slowdown, there are still uncovered opportunities lying in this vastly diversified market.
“We believe that there’s a lot of momentum [...]
China’s Goldwind Science &Technology Ltd is one of the world’s biggest makers of wind turbines — a cornerstone of the booming clean power business — but is virtually unknown outside its home country.
Goldwind aims to change that. In a Minnesota farmer’s cornfield, the company is erecting three 20-story-tall windmills in its first American project and [...]
The Chinese feather and down industry has seen the price of raw feather and down products rebound to the level at the beginning of 2008 after touching a five-year low during the global economic slowdown.
“The drastic price plunge devalued my stocks of 90,000 tons by 100,000 yuan in a week at the worst time this [...]
Prices of edible farm produce in 36large and medium-sized Chinese cities rose 1 percent in the week from Nov. 30 to Dec. 6, compared with the previous week, according to figures released by the Ministry of Commerce (MOC) Tuesday.
Forty-three out of 57 kinds of farm produce saw week-on-week price hikes, while prices of nine types [...]
Chinese farmers would see their income continue to rise this year, Vice Minister of Agriculture Chen Xiaohua said at a press conference Saturday.
“As China’s economy is recovering, there are more and more positive factors supporting the increase of farmers’ income,” said Chen.
Farmers’ per capita cash income in the first half of this year reached 2,733 [...]
