China to deepen rural reforms further move to accelerate rural revitalization

February 24, 2025 at 12:37AM
China releaesed its “No. 1 central document” for 2025 on Sunday.

This is the first policy statement released by China’s central authorities each year, and is viewed as an indicator of policy priorities.

It outlines strategies to deepen rural reforms and drive comprehensive rural revitalization. There are six focus areas, with priorities including:

ensuring food security,

consolidating poverty alleviation gains,

fostering local industries,

advancing rural infrastructure,

improving governance,

and optimizing resource allocation.

More:

plan emphasizes scientific and technological innovation – such as high-tech agricultural enterprises, smart farming with AI, big data, and automation.

efforts will be made to expand cold-chain logistics, enhance instant retail services in townships, and develop charging and battery-swap facilities for electric vehicles.

government aims to boost financial support for rural projects through central budget investments, long-term government bonds, and policy-driven lending

water and land reforms

support for rural housing markets

This article was written by Eamonn Sheridan at www.forexlive.com.