CHINA’S TOBACCO BUREAUCRACY PAYS OUT GENEROUS SUBSIDIES TO ENCOURAGE BETTER VARIETIES, DRYING TECHNIQUES
July 1st, 2013
CHINA'S tobacco growers are set for a bumper crop of subsidies this year (2013), which will see state payments to leaf growers pass Chinese Yuan Renminbi CNY15 billion (USD2.44 billion) for the first time, up from CNY14.7 billion (USD2.39 billion) paid out in 2012. The budgeted handouts are to help farmers improve their fields and leaf quality, funding improvements in cultivation and curing techniques.The subsidies are also designed to encourage farmers to stick with tobacco at a time of strong demand for arable land to meet growing grain, fruit and vegetable ...
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