AIRLINK 72.41 Increased By ▲ 3.21 (4.64%)
BOP 5.05 Increased By ▲ 0.15 (3.06%)
CNERGY 4.30 Increased By ▲ 0.04 (0.94%)
DFML 32.00 Increased By ▲ 0.75 (2.4%)
DGKC 79.65 Increased By ▲ 2.40 (3.11%)
FCCL 20.90 Increased By ▲ 0.90 (4.5%)
FFBL 34.75 Decreased By ▼ -0.25 (-0.71%)
FFL 9.27 Increased By ▲ 0.15 (1.64%)
GGL 9.85 Increased By ▲ 0.05 (0.51%)
HBL 113.60 Increased By ▲ 0.84 (0.74%)
HUBC 133.50 Increased By ▲ 0.46 (0.35%)
HUMNL 7.01 Increased By ▲ 0.06 (0.86%)
KEL 4.28 Increased By ▲ 0.05 (1.18%)
KOSM 4.36 Increased By ▲ 0.11 (2.59%)
MLCF 37.00 Increased By ▲ 0.40 (1.09%)
OGDC 134.20 Increased By ▲ 1.33 (1%)
PAEL 23.73 Increased By ▲ 1.09 (4.81%)
PIAA 24.74 Increased By ▲ 0.54 (2.23%)
PIBTL 6.46 No Change ▼ 0.00 (0%)
PPL 119.30 Increased By ▲ 3.00 (2.58%)
PRL 26.27 Increased By ▲ 0.37 (1.43%)
PTC 13.21 Increased By ▲ 0.13 (0.99%)
SEARL 52.50 Increased By ▲ 0.50 (0.96%)
SNGP 69.51 Increased By ▲ 1.91 (2.83%)
SSGC 10.50 Decreased By ▼ -0.04 (-0.38%)
TELE 8.35 Increased By ▲ 0.07 (0.85%)
TPLP 11.21 Increased By ▲ 0.41 (3.8%)
TRG 59.07 Decreased By ▼ -0.22 (-0.37%)
UNITY 25.21 Increased By ▲ 0.08 (0.32%)
WTL 1.27 No Change ▼ 0.00 (0%)
BR100 7,461 Increased By 52.5 (0.71%)
BR30 24,358 Increased By 321.7 (1.34%)
KSE100 71,251 Increased By 584.3 (0.83%)
KSE30 23,353 Increased By 129.2 (0.56%)
Markets

China encourages mechanized agriculture with new measures

BEIJING: China has decided to boost mechanized farming and the upgrading of agricultural machinery, according to the
Published December 12, 2018

BEIJING: China has decided to boost mechanized farming and the upgrading of agricultural machinery, according to the State Council's executive meeting chaired by Premier Li Keqiang on Wednesday.

The meeting said that quickening the work as required by the country's rural vitalization strategy would provide essential support for China to achieve agricultural modernization, allow farmers to increase their income and further expand the domestic market.

The work must be advanced to meet the needs of developing scale farming appropriately. During the process, farmers' wishes must be respected while the roles of the market are exploited. Grassroots creativity must be valued so that the work can proceed smoothly, it said.

The meeting also listed several crops whose production and harvest could depend more on mechanized farming. They are rice, wheat, corn, potato, oilseed rape, cotton and sugarcane.

In the meeting, it was said that farmers engaged in mechanized farming would be subsidized equally no matter if the machinery they purchase is from Chinese or foreign brands.

Financial institutions were encouraged to use mortgage loans to finance such purchases while local governments were called on to support the work through financial discounts.

The meeting stressed that advanced agricultural machinery and mechanized farming techniques should be further promoted.

It also urged enterprises to quicken innovation on agricultural equipment, double their efforts to develop complete sets of equipment and improve the quality of farming equipment suitable for major cash crops.

It said that small plots of farmland could be consolidated when possible so as to broaden the use of farming equipment and that various cooperatives need to be established to facilitate the sharing of agricultural machinery.

It was stated in the meeting that smart farming based on the application of modern information and communication technologies shall be advanced.

Copyright APP (Associated Press of Pakistan), 2018

Comments

Comments are closed.