China Allocates 1.1 Billion Yuan for Autumn Grain Stabilization

China's finance and agriculture ministries have announced the allocation of 1.1 billion yuan in disaster relief funds. This initiative aims to stabilize autumn grain production across 13 major regions, supporting farmers with subsidies for growth regulators, fertilizers, and pesticides to enhance crop yield.

China has earmarked 1.1 billion yuan in disaster relief funds to bolster autumn grain production in its primary agricultural regions, state broadcaster CCTV disclosed.

The financial support will cover 13 key areas, including Heilongjiang, Inner Mongolia, Henan, and Hunan. It is aimed at assisting farmers in the application of growth regulators, foliar fertilisers, stress-resistance agents, and pesticides on vital crops like corn, soybeans, and mid-season rice.

This measure comes as part of a broader strategy to ensure food security and crop yield stability amidst ongoing challenges.