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Firms Urged to Back Agro-tech Development
 

Scientific and agricultural administrations are encouraging enterprises to put funds into developing agro-technology for the long-term mutual benefit of both sectors, according to a senior science official .

Linking enterprises with agro-research institutes will be a vital step in raising the level of investment in agricultural production during the 10th Five-Year Plan (2001-2005).

Vice-Minister of Science and Technology Deng Nan made this remark at a conference held in Beijing to encourage enterprises to do their bit for agricultural development.

More enterprises are injecting funds into agro-research institutes to develop new farming skills and equipment. They can reach agreement on sharing the profits gained after the commercialization of new technology, according to sources from the ministry's Department for Rural and Social Development.

Deng said her ministry and the Ministry of Agriculture will select a group of enterprises to set up processing centers in major agricultural provinces to upgrade the quality of rice, maize, soybeans, apples, oranges and other key farm produce.
Relevant departments will draw up policies to support enterprises participating in agro-technology development, she said.

The government will give financial support to enterprise-funded projects with promising market potential and good profits, she added.

Motivating more than 200 million households in rural areas and 22 million township enterprises to upgrade technology will be a key method of boosting agricultural production, said Guo Suutian, former director of the Policy and Regulation Department of the Ministry of Agriculture.


(China Daily 10/26/1999)

 
   
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