Rural and agricultural spending in China to achieve 1 trillion yuan

Note: This section contains information in English only.
Source: China.org.cn

China's fiscal spending on rural development and agriculture is expected to amount more than 1 trillion yuan this year. The government introduced various reforms like grain subsidies, upgrade of irritation systems and enhancement of education to strengthen the national economy, said Zhang Ping, Minister of the NDRC. The policies have already brought the results as grain harvest is a record high this year amounting 571.21 million tons and the growth of rural residents' income exceeded that of rural residents, being 13.6% in 2011.

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