Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Rising prices eating into farmers' income
Adjust font size:  ZoomIn ZoomOut



A dozen Big Macs - that is what a Chinese farmer will be able to buy with his earnings from one mu (0.066 hectares) of wheat this summer.

It is also about four burgers less than what he could afford last year.

Farming one mu of wheat will yield 153 yuan ($22) of net income this summer, a recent official survey on farmers' income has showed.

Rising production costs was cited as a major reason behind the decrease in income.

"In spite of growing government subsidies in agriculture, we should be alarmed that it's increasingly hard for farmers to grow their income amid rising costs," the country's top legislative body, the National People's Congress (NPC), said in a recent bundle of suggestions to the central government.

The NPC's suggestions were followed by an announcement from the National Bureau of Statistics yesterday, which said that farmers' per capita income hit 2,528 yuan for the first half of the year, an increase of 10.3 percent over the same period last year, after adjusting for inflation.

About one-third of the farmers' income is also reportedly earned from their stints as migrant workers in factories, mines and construction sites, while the sale of farm produce was said to have helped them earn 1,080 yuan each, up 22.1 percent year-on-year.

But the pace had slowed by three percentage points, when compared with the growth rate of 13.3 percent in the first half of last year. The decrease is considered a wide fluctuation since 2004, when the growth rate of farmers' income started to accelerate after years of less than 5 percent annual growth.

Similarly, thinner profit margins have forced the farmers to downsize their planting acreage.

Li Taiai, a 58-year-old farmer in Zhongcaiwan village of Shandong province, said the land for growing grain in his village has shrunk by one-third in the past five years.

"More and more grain growers are shifting to planting vegetables, which can generate much higher profit in a shorter time," Li said. Just a few years ago, half of the land was used to grow wheat and other grain, he said.

For instance, the yield from a mix of cucumber, tomato and radish per mu can amount to 5,000 to 6,000 yuan each season, which is more than 10 times that of wheat.

"Vegetables from our village are sold not only in China but also exported to Japan and South Korea," Li said.

"The increasing demand and plus decent prices in turn continues to attract more growers to cultivate vegetable greenhouses instead of wheat fields."

In response to such trends, the authorities have rolled out measures to protect grain purchase prices and given out grain subsidies to encourage farmers to grow grain.

In the beginning of the year, the State Council approved 95.063 billion yuan in subsidies for farmers - with 1 billion yuan going to those who grew wheat and oilseed.

Similarly, the central authorities vowed this year to spend 562.5 billion yuan to support farmers and the rural sector, 130.7 billion yuan more than last year.

It decided in March to allocate another 25.25 billion yuan to this year's budget for the sector, mainly to subsidize farmers' purchase of seed, diesel, fertilizer and other production costs.

To further secure the country's food and grain reserves, the government has also worked out compulsory requirements on planting areas and varieties of grain being farmed.

Still, farmer Li said a "protective price system" to ensure grain prices did not guarantee a steady increase income along with the rise in costs. The prices at which grain was being sold to collectives remained more or less the same over the past several years, Li said.

"But fertilizer and fuel costs have continued to increase," Li said. "Our net income has, in effect, dropped from the year before."

1   2    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- China allocates 1.6 bln yuan for farmer training
- Rural development, farmer income growth stressed
Most Viewed >>
- Gov't unmoved by slow exports
- Grain becomes main smuggled goods
- Richer nations 'must act'
- Economy may dip to 9.9%
- Fees to escalate on gas-guzzlers
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 成年人的免费视频| 火车上荫蒂添的好舒服视频| 国产白嫩美女在线观看| fc2免费人成在线| 成年女人免费播放影院| 久久精品国产亚洲AV无码偷窥| 欧美巨大xxxx做受孕妇视频| 人人人妻人人澡人人爽欧美一区| 精品国产一区二区三区www| 国产av无码专区亚洲av麻豆| 青青青手机视频| 国产成人精品午夜视频'| 天堂/在线中文在线资源官网| 在人间电影在线观看完整版免费| аⅴ资源中文在线天堂| 成人凹凸短视频在线观看| 久久99精品国产麻豆不卡| 日本精品一区二区三区在线视频一| 亚洲人成人一区二区三区| 欧美猛少妇色xxxxx| 亚洲综合色视频在线观看| 男人资源在线观看| 免费无码av片在线观看| 精品国产一区二区三区久久狼| 后入内射欧美99二区视频 | 蜜芽.768.忘忧草二区老狼 | 一级性生活免费| 成在线人视频免费视频| 中文无码av一区二区三区| 日日碰狠狠添天天爽超碰97| 久久国产视频一区| 日本高清二三四本2021第九页| 久久精品人妻一区二区三区| 日韩精品无码中文字幕一区二区| 亚欧在线精品免费观看一区| 最近的中文字幕视频完整| 亚洲av无码一区二区三区dv| 欧美丰满熟妇XXXX| 亚洲av无码成人精品区狼人影院| 橘子没熟svk| 亚洲AV无码久久|