Start Date
22-APR-10
End Date
24-APR-10
Venue
City / State
Country
TBA
Beijing
China
Event Profile:
Grain Asia will review the current state of the global grains trade & its prospects for the future. Experts will analyse key trends & their impact on the grains business, evaluate prices in terms of their impact on the cost of production & demand, & probe into developments in selected [...]
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 [...]
China’s grain enterprises purchased 287.6 million tonnes of grain from peasants in 2009, effectively stabilizing domestic grain prices and protecting farmers’ interests, said head of the State Administration of Grain Nie Zhenbang Monday.
China had raised minimum purchase prices for wheat and rice again in 2009, by 13 to 17 percent, to add income for farmers, [...]
The nation’s grain output is likely to reach a record 530 million tons this year, which analysts said would help anchor global grain prices.
It would be the third consecutive year in which the country’s grain production exceeded 500 million tons and the sixth straight year it recorded an increase year-on-year, according to the two-day central [...]
Chinese Vice Premier Li Keqiang Friday called for strengthened efforts to improve grain storage work, saying it is linked with the country’s economic development, social stability and national security.
Li made the remarks when addressing a video and telephone conference on nationwide grain storage work.
Nationwide grain inventories reached about 225 billion kilograms by the end of [...]
Two bank-led groups are vying to set up Shanghai’s first consumer credit company as China tries to encourage more spending in a country where people wouldn’t traditionally borrow money to pay for refrigerators, weddings and overseas trips.
Tags: bank, China Finance, grain
