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Recently, the National Development and Reform Commission announced that China will continue to increase the minimum purchase price of rice in 2022.
Implemented the minimum purchase price policy for the 18th consecutive year
On February 18, the National Development and Reform Commission issued the "Notice on Policies Concerning the Minimum Purchase Price of Rice in 2022" and the "Notice on Announcement of the Minimum Purchase Price of Rice in 2022", clarifying that the total purchase amount of rice with the lowest purchase price will continue to be limited in 2022.
Since 2004, this is the 18th consecutive year that China has implemented the minimum purchase price policy in the main rice producing areas.
2003 was the "eve" of the "eighteen consecutive abundance" of China's grain output
At the beginning of the implementation of the policy, the minimum purchase price of rice was maintained at 0.
The small increase is intended to further convey the signal of heavy food
The relatively stable minimum purchase price policy continued until 2008.
In order to ensure farmers' income, based on the continuous improvement of control measures, the policy has also taken into account the goal of promoting farmers' income, which has also caused distortions in the subsequent market relations, and the state's lowest purchase price has almost become the market's highest price
Adjusting the structure and destocking is the beginning of the structural reform of China's planting industry
The minimum purchase price of rice was raised again in 2020.
Increasing farmers' income is not the purpose of market regulation policies
In 2022, the minimum purchase price of rice will continue to increase slightly
"In the past, many of our growers always thought that the minimum purchase price policy was to increase farmers' income
In the end how to understand the minimum purchase price policy?
"The minimum purchase price policy is a market regulation policy
On the other hand, for farmers, the significance of the minimum purchase price policy is more about guaranteeing the bottom line
Of course, this is not the only policy to protect farmers' income