Agricultural legislature has been strengthened to facilitate agricultural administration by law. In the past two decades, the state has promulgated a series of laws and regulations like the Law on Agriculture of the People's Republic of China, Law on Agricultural Technical Extension, Law on Township Enterprises, Fisheries Law and Organizational Law for Village Committees, forming a basic legal framework for agriculture.
A supporting system for agriculture has been set up to enhance macro control over agriculture. To suit the development of a social market economy, the state has adopted a grain protective price and a special grain reserve system, set up a grain risk fund, a non-staple food risk fund and a policy bank-agricultural development bank. Meanwhile the government has continued to increase investment in agriculture to improve agricultural production conditions and promote agricultural technical advancement.
Edited by CECAT
2002/11/11