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China to push agricultural reform

Updated: Dec 20,2016 8:47 PM     Xinhua

BEIJING — Chinese government will make sure that supply-side structural reform in agriculture heads in the right direction, according to an official statement released on Dec 20.

As reform is crucial to the sector’s long-term growth, no disruption will be tolerated, said the statement after the central rural work conference which ended on Dec 20.

Three bottom lines are no decline in grain production capacity, no change to the income growth trend for farmers, and no problems in rural stability, the statement said.

The meeting also required precise poverty reduction gets another 10 million people out of poverty in 2017.

China is likely to fulfill this year’s target of bringing 10 million people out of poverty ahead of time, marking a good start for lifting all its poor out of poverty by 2020.