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NDRC: China to purchase more crops to protect farmers
2008-11-27
China Daily
China has seen a fifth consecutive year of record agricultural harvest but crop prices have started to drop, said Zhang Ping, minister of the National Development and Reform Commission at a press conference today.
To prevent price declines from affecting farmers' incomes, the central government has decided to increase its procurement of grain, cotton, oil products and meat at minimum purchasing prices.
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