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MOF Launch CNY443 Million Agriculture Relief Fund

CHINA PRESS

Authorities have launched a CNY443 million fund to address agricultural production disasters following recent droughts in seven provinces including Hebei and Jiangsu, the Ministry of Finance has announced. Officials will provide water and moisture replenishment for crops and increase fertilizer application in disaster-stricken areas, the ministry said. The government will make efforts to ensure smooth summer sowing to give a solid foundation for autumn grain production. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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