Central Government Set up Land Development Fund for Land Reclamation | Strongly Promote Reform and Development of Rural Reclamation and Rural Revitalization

In order to implement the decision-making plan of the 19 th National Congress of the Communist Party of China on the implementation of the strategy of rejuvenating the country, in accordance with the relevant requirements of "Opinions of CPC Central Committee and State Council on Further Promoting the Reform and Development of Land Reclamation", the Ministry of Finance takes the lead in establishing China's Land Reclamation Industry Development Fund (hereinafter referred to as' Land Reclamation Fund ') .Finland Fund plans to scale 50 billion yuan, the first phase of the scale of 10 billion yuan, of which the central government invested 2 billion yuan, other social capital of 8 billion yuan since 2017, the Ministry of Finance established a lot of work on the establishment of land fund, November fund investors have signed a land reclamation fund limited partnership agreement, the establishment of land reclamation Fund was formally established in late December 2017, the Ministry of Finance has allocated 2 billion yuan from the central government finance, other investors are one after another injection.

Next, the Ministry of Finance will, in accordance with the relevant provisions, step up supervision and guidance over the operation of land reclamation funds and actively exert the leverage of fiscal funds. By activating existing assets, attracting social capital into enterprises in reclamation areas and integrating the production, processing and distribution of important agricultural products in reclamation areas , Promote the optimal allocation of resources, promote quality agriculture, rural green development and industrial restructuring and upgrading, promote the integration and development of the first, second and third industries, cultivate a large group of enterprises with international competitiveness and give full play to the agricultural reclamation in promoting the rural modernization and the implementation of rural The key role in revitalization strategy.

2016 GoodChinaBrand | ICP: 12011751 | China Exports