Markets and trade
 

Detail

Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
All
Date
01/05/2017
Policy Category
Production
Policy Instrument
Agricultural Policy
Description
Issued guidelines concerning the future distribution of arable land as part of the country’s national food security strategy, with a view to optimize the country’s agricultural production pattern, while making agricultural support programmes more effective.
Notes
China’s Ministry of Agriculture issued guidelines concerning the future distribution of arable land as part of the country’s national food security strategy. In order to ensure the effective allocation of agricultural resources across the country, during the next three years, 60 million ha of land would be earmarked for the cultivation of rice, wheat and maize, and an additional 19 million ha for soybeans, rapeseed, cotton, sugar and rubber. For soybeans and rapeseed, respectively 6.7 and 4.7 million ha of protected land will be identified. The new policy is meant to help optimize the country’s agricultural production pattern, while making agricultural support programmes more effective. The country’s investments in fixed assets, transfer payments, and planned reforms in agricultural lending will concentrate on the target areas.