113.6 billion yuan of special poverty alleviation funds from the government
According to a report released by the Ministry of Finance on August 18, the budget for 2020 special poverty alleviation funds of the central government of 28 provinces (autonomous regions and municipalities) in China was released in advance, totaling 113.6 billion yuan, accounting for 90% of the total of 126.1 billion yuan in 2019. Among them, we will continue to focus on increasing support for "three regions and three prefectures" and other deep-seated poverty-stricken areas, specifically allocating 14.4 billion yuan to "three regions and three prefectures", and dividing the funds into specific regions and prefectures. The year 2020 will be the year of the end of poverty alleviation and the remaining tasks will be the year of poverty alleviation. The release of special poverty alleviation funds from the central finance in advance is conducive to further supporting local governments in preparing the budget for poverty alleviation in advance, accelerating the progress of poverty alleviation fund expenditure and project implementation, and ensuring the timely victory of poverty alleviation. It is reported that the Ministry of Finance urged all regions to further promote the pilot work of agricultural fund integration in poverty-stricken counties, so as to strengthen the investment guarantee for the decisive battle of poverty alleviation. The relevant provinces (autonomous regions, municipalities directly under the central government) are required to earnestly implement the spirit of the opinions of the general office of the State Council on supporting poverty-stricken counties to carry out the pilot project of overall and integrated use of financial funds related to agriculture, and the increase of funds allocated to poverty-stricken counties shall not be lower than the average increase of such funds; all funds allocated to poverty-stricken counties shall be "distributed in blocks", and the authority for examination and approval of fund projects shall be completely delegated to counties, not to counties Specific projects or tasks unrelated to poverty alleviation may be specified.
2026-09-18
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
The operating conditions of the German chemical industry have further deteriorated
-
How can we use nitrogen as fuel in various industry?
-
Nepal consumes 800 metric tons of pesticides every year
-
China's pesticide and fertilizer market seeks biological alternatives
-
China丨“Top 50 Exporting Companies of China Agrochemical in Year 2021” List Released
-
CBI faces up to triple risks at home and abroad, will focus on five areas
-
Three Capabilities Activates New Kinetic Energy of Future Industry.
-
Rising Global Demand for Shrimp Products will Boost Indian Seafood Export Earnings
-
The economic performance of the rubber industry has improved in May
-
The pharmaceutical industry will undergo four major changes
Recommend Reading
-
Antidumping Pressure Hits the Chemical Chain as Chinese Exports Face Higher Barriers in Europe
-
Global Chemical Giants Light the Fuse: A TDI/MDI Price Storm Sweeps Asia and Europe—Who’s Fueling This “Cost Carnival”?
-
Behind Arkema’s ¥430 Million Claim: A Patent War Over Acrylic Acid Is Tearing Off the “Technical Fig Leaf” of China’s Chemical Giants
-
Canada Caffeinates Candy—With Warnings Attached
-
Korea Unlocks Additive Flexibility: New Rules Broaden Food Ingredient Horizons
-
Supply Contraction Drives Dichloromethane Prices to Remain Stable with a Steady Uptrend
-
Phosphoric Acid Market Trends in November Show a Strong Uptrend
-
This week, the Chinese urea market showed a weak downward trend (5.15-5.21)
-
Supply Reduction Leads to Increase in Ammonium Sulfate Prices in November in China
-
Coke Market Prices Remain Stable with a Rising Trend