Economic Watch: Policies released on China's rural vitalization - China - Tibetol

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Economic Watch: Policies released on China's rural vitalization
update:February 05,2018
BEIJING, Feb. 5, 2018 -- China on Sunday released a package of policies under the "No. 1 central document" of the year, charting the roadmap for the country's rural vitalization strategy.
There is quite a lot to be accomplished in the rural area where opportunities for development have arisen as the country enters a new era, said the document jointly released by the Central Committee of the Communist Party of China (CPC) and State Council.
The "No. 1 central document" is the name traditionally given to the first policy statement of the year released by the central authorities, and is seen as an indicator of policy priorities.

The strategy of rural vitalization was first proposed as one of the major aspects of developing a modernized economy in a report delivered to the 19th National Congress of the CPC last October.
In this latest document, the strategy was described as a "historic task" essential to accomplishing China's modernization goals and building a moderately prosperous society.
"China cannot become modernized without modernizing its agriculture and rural areas," said the document.
The timetable decided by the central authorities at a rural conference in December remains unchanged, but the objectives for different stages have become more specific.
By 2020, the strategy should have established an institutional framework and policy system. By then, no Chinese people will live under the existing poverty line, and rural productivity and agricultural supply will improve substantially.
By 2035, "decisive" progress shall be made, with basic modernization of agriculture and rural areas. All Chinese, either in cities or rural areas, will have equal access to basic public services. Urban and rural integration will improve.
By 2050, rural areas should have strong agriculture, a beautiful countryside and well-off farmers.
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