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China unveils five initiatives to boost rural revitalization

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      China

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      China unveils five initiatives to boost rural revitalization

      2024-08-06 13:54 Last Updated At:14:27

      Farmers and agricultural innovators in China will receive enhanced financial services and aid under a new five-part plan announced Monday.

      The initiatives, released by the country's central bank and four other competent central government agencies, aim to enhance financial support for rural revitalization.

      One of the initiatives focuses on ensuring food security by extending financial services across the entire agricultural supply chain, including production, distribution, storage and processing. Innovations in financing models for high-standard farmland and facility agriculture, which adopted technologies to increase grain production, are also included in the initiative. Additionally, support will be provided for the development of the seed industry and agricultural technology, including facilitating the listing and refinancing of eligible seed companies.

      Another initiative aims to consolidate and expand financial assistance, maintaining differentiated support policies for key counties that receive assistance and ensuring credit provision in areas that have been lifted out of poverty. Plans are also underway to establish sustainable financial aid mechanisms beyond the poverty alleviation transition period.

      Furthermore, efforts will focus on promoting the development of various industries in rural areas through diverse financing channels such as loans, bonds, equity and leasing. This initiative seeks to broaden collateral options and revitalize rural assets to foster the integrated development of primary, secondary and tertiary industries in rural areas, ultimately boosting rural incomes.

      By actively engaging in the financing for projects like county-level logistics distribution centers and leveraging pivotal nodes within rural logistics networks, the initiative seeks to foster a profound integration of capital flow, business operations and logistics to facilitate high-quality development in rural circulation.

      In addition, the notice outlines ways to support rural construction through financial products aimed at improving living environments and advancing ecological civilization in rural areas. Financial backing will be strengthened to enhance rural infrastructure and public service facilities, supporting integrated urban-rural development at the county level.

      The final initiative targets the enhancement of rural governance through innovative financial models that integrate the agriculture, culture and tourism sectors. Basic financial services in rural areas and digital platforms for rural revitalization will be improved to pool agricultural information and support digital village construction.

      China unveils five initiatives to boost rural revitalization

      China unveils five initiatives to boost rural revitalization

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      Representatives to UN hope for smooth implementation of Gaza ceasefire agreement

      2025-01-21 13:27 Last Updated At:13:37

      Representatives of many countries to the United States have expressed the hope for a full implementation of the Israel-Hamas ceasefire agreement.

      The agreement, brokered by Qatar, Egypt and the United States, came into effect in Gaza on Sunday. The three-phase agreement is aimed at a "permanent ceasefire between the parties", according to the mediators.

      At a UN Security Council meeting held on Monday, Secretary-General Antonio Guterres praised the conclusion of the agreement between Palestine and Israel of the ceasefire and the exchange of detained persons, but stressed that efforts are still needed to ensure a comprehensive ceasefire, release all detained persons and increase humanitarian assistance.

      Varsen Aghabekian, state minister for foreign affairs and expatriates of Palestine, said in her speech that the Palestinian side hopes the ceasefire agreement could be implemented and that the Palestinian government is ready to resume management in Gaza.

      "We confirm that the Palestinian Government is ready to work with friendly brotherly countries and organizations to assume responsibility for the administration of the Gaza Strip and the West Bank, including restoring basic health, education, water and electricity services, ensuring the return of displaced persons to their homes, and preparing for the reconstruction phase," she said.

      Right before the meeting, several representatives to the United Nations spoke to China Media Group (CMG) and what they said the most was hoping that the implementation of the agreement could hold all the way through.

      "It would be good if it holds," said Vasily Alekseyevich Nebenzya, permanent representative of Russia to the United Nations.

      "We welcome it so far. We hope it holds and we hope that the next steps will be taken," said Munir Akram, a Pakistani diplomat currently serving for the second time as the permanent representative of Pakistan to the UN.

      "We had supported the deal some time ago," said Carolyn Rodrigues-Birkett, permanent representative of Guyana to the UN.

      Representatives to UN hope for smooth implementation of Gaza ceasefire agreement

      Representatives to UN hope for smooth implementation of Gaza ceasefire agreement

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