China allocates 830 mln yuan to support spring farming

China has earmarked 830 million yuan (116.9 million U.S. dollars) to support this year’s spring farming efforts.

The fund was jointly allocated by the Ministry of Finance and the Ministry of Agriculture and Rural Affairs.

The fund will be used to boost disaster prevention and relief related to crop replanting, as well as restoration of facilities involving agriculture, animal husbandry and fisheries in 12 provincial-level regions, including Jiangsu, Anhui, Henan, Hubei and Hunan.

China’s grain output hit a record high of 695.4 million tonnes last year, with per capita grain possession standing at 493 kg, higher than the internationally recognized grain security line of 400 kg, official data showed.

Tags: sowing, China, subsidies