China Issues Rural Support Plan To Fight Crisis

From Reuters:

China’s 750 million-strong farming population faces a tough 2009, the government warned on Sunday, vowing price support, land controls and curbs on imports to shore up flagging rural incomes and ward off unrest.

The Communist Party government customarily focuses its first major policy statement each year on rural development and this one was accompanied by a sobering warning about the pressures from the global financial crisis, falling commodity prices and rising migrant worker unemployment.

“At present, the international financial crisis continues to spread, its negative impact on our country’s economy has been deepening by the day, and the shocks to agricultural and rural development are constantly emerging,” said the document issued through the Xinhua news agency.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.