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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 5 months 14 days ago)
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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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