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Home»Law and Cases»Legislation»Circular of the State Council of the People's Republic of China on Policy of Grain/Rice Circulation System Reform.
Circular of the State Council of the People's Republic of China on Policy of Grain/Rice Circulation System Reform.
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In order to ensure the equilibrium of the national grain/rice market and to encourage the initiative of grain/rice production, the people's government at all level shall implement this policy. The purchasing price from individual peasant shall not be lower than the protected price; the selling price shall not be lower than the agreeable price. The rest part of this circular emphasis on the management of the grain/rice purchasing market. The financial administration shall further adopt measure to
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Circular of the State Council of the People's Republic of China on Policy of Grain/Rice Circulation System Reform.