CHENGDU, Nov. 20 (Xinhuanet) -- China has this year allocated 400 million yuan (48 million US dollars) of state funds to build 81 key farm produce wholesale markets across the country, said an official of the State Development and Reform Commission on Thursday.
The establishment of the markets is expected to help restructure farm production, develop green food and ecological agriculture, and increase peasants' income, said Bi Jingquan, director of the commission's economy and trade department.
More than one-third of the wholesale markets are located in thewest of China and involved in grain, vegetable, fruit, livestock, poultry, and aquatic products trading, said Bi.
Most of the huge investment will be used for setting up quarantine and examination facilities and systems to collect price and market information, said Bi. Enditem |