Farmer income to reach 11,000 yuan in 2015

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Publish time: 23rd April, 2015      Source: Xinhua News Agency
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Farmer income to reach 11,000 yuan in 2015

DATE:2015-04-23           SOURCE:Xinhua News Agency
 

BEIJING, April 22 (Xinhua) -- Annual income for farmers to exceed 11,000 yuan (1,175 U.S. dollars) in 2015, according to a Green Book on China's rural economy released by the Chinese Academy of Social Sciences on Wednesday.

 

According to the book, agriculture will yield 6 trillion yuan in 2015, less than nine percent of GDP, but will still play a fundamental role in China's economic upgrade and optimization.

 

Improving the quality of agricultural products and ensuring food safety remains the most pressing issue facing China, the book notes.

 

It also lists organic and eco-friendly farming as well as crop rotation as vital approaches to boosting farmers' income.

 

The CPI for food may dip by 2 percent in 2015, while the international trade deficit in agriculture products will narrow to less than 50 billion U.S dollars, according to the book's predictions.