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China to finance new farming practices

The move is designed to promote moderate-scale farming operations and modern agriculture by easing financing difficulty for farmers.

Thursday 6 March 2014 (4 years 2 months 16 days ago)

Financial institutions should give more credit support to innovative farming entities such as family farms and agricultural cooperatives by adjusting loan rates, maturity length and collateral, according to a statement released by the People's Bank of China.

The move is designed to promote moderate-scale farming operations and modern agriculture by easing financing difficulty for farmers.

Monday February 24, 2014/ Ministry of Agriculture/ China.
http://english.agri.gov.cn

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