About 730 million Chinese farmers are expected to benefit from the agricultural tax exemption this year,as 26 of its 31 provinces, municipalities and autonomous regions have announced a termination of all agricultural taxes, said an official with the Ministry of Agriculture.
Fan Xiaojian, vice agriculture minister of China, made the remarks at a working conference held Friday and Saturday in east China’s Shandong Province. He said that the exemption will release about 730 million farmers from taxes totaling more than 20 billion yuan (about 2.41 billion US dollars).