Page 36 - REPORT ON THE EXECUTION OF THE CENTRAL AND LOCAL BUDGETS FOR 2022 AND ON THE DRAFT CENTRAL AND LOCAL BUDGETS FOR 2023

We will reinforce the foundations for food security on all fronts. We will refine the
mechanisms for ensuring the incomes of grain growers and for compensating
major grain-producing areas, keep farmland fertility protection subsidies stable,

and improve the policy on subsidizing corn and soybean producers. We will
continue to increase the minimum purchase price for wheat, set appropriate

minimum purchase prices for rice, and offer more rewards to major
grain-producing counties. We will allocate 45.9 billion yuan in subsidies for
agricultural insurance premiums to ensure that more grain growers are covered by

full-cost insurance and income insurance for the three major grain crops of rice,
wheat, and corn. With equal emphasis on construction and upgrading, we will

continue to support the development of high-standard cropland, and enhance the
protection and utilization of chernozem soil. We will back the initiative for the

revitalization of the seed industry and help enhance the scale and strength of the
national seed industry. We will continue to grant subsidies for the purchase and

use of agricultural machinery and support the R&D and manufacture of
Chinese-made large-scale, high-end, and smart agricultural machinery. We will
support faster development of commercial agricultural services, encourage all

localities to leverage various professional and market-based service providers to
guide small-scale agricultural production onto the path of modern agricultural

development. We will promote strip intercropping of soybeans and corn in a
well-planned way, back initiatives to improve the quantity and quality of beef

cattle and sheep raised for meat and to revitalize the dairy industry, implement
policies for supporting fishery development, promote faster development of the

tea-oil camellia industry, and support stable production and ensure the supply of
important agricultural products.
We will consolidate and build upon our achievements in poverty alleviation. To

continue expanding the central government follow-up rural revitalization
assistance fund, we will allocate 175 billion yuan, an increase of 10 billion yuan,

with more funding tilted toward areas with limited foundations for rural
revitalization. In an effort to enable areas that have shaken off the yoke of poverty

to rely more on development to build on the success of poverty alleviation, the
central government will, as a priority, channel more funds toward industries that

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