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CN 'Two New' Policies to Expand This Yr, Supporting Agricultural Facility Upgrades: NDRC
Recommend 18 Positive 35 Negative 12 2025/03/10 23:23 GMT
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China's "Two New" policies will be expanded this year with agricultural facilities included in the support scope, and efforts are now underway to accelerate upgrades and renovations, according to what CCTV learned from the National Development and Reform Commission (NDRC). It is understood that the upgrades and renovations will begin with facility-based agriculture. It will focus on major domestic vegetable production areas and promote the renovation of old greenhouse structures and the updating of basic production equipment. The new policy emphasizes several aspects, including the effective use of technological innovation and technical renovation refinancing policy tools to leverage the synergy between investment and loans.
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