Top Biz News

Wen promises continuous increase in rural incomes

(Xinhua)
Updated: 2010-03-05 10:46
Large Medium Small

China will keep a steady development of agriculture and a continuous increase in rural incomes, said Premier Wen Jiabao while speaking at the opening of the parliament's annual session Friday.

Related readings:
Wen promises continuous increase in rural incomes China allocates 28.6b yuan to support farmers
Wen promises continuous increase in rural incomes China to spur rural demand, enhance farmer's living standards
Wen promises continuous increase in rural incomes Farmers' per capita income hits $735
Wen promises continuous increase in rural incomes 
China to raise minimum purchase price for wheat in 2010

The government will spend a total of 133.5 billion yuan ($19.55 billion) to subsidize agricultural production, a year-on-year increase of 6.04 billion yuan, he said in a government work report delivered at the Third Session of the 11th National People's Congress.

"We must give top priority in all our work to solving the problems faced by agriculture, rural areas, and farmers," said Wen.

The government would also offer a rise of 0.06 to 0.2 yuan in the minimum price of rice per kilogram and a 0.06 yuan rise for wheat, according to the report.

The average annual income of Chinese farmers stood at 5,153 yuan in 2009, up 8.5 percent from a year earlier.