China unveils measures to relieve resource shortage in rural industries

China will introduce more measures to relieve the shortage of capital, land and human resources in the development of rural industries.

The decision was made at a national meeting on rural industry revitalization held in Yangzhou, east China's Jiangsu Province.

The boom of industries in rural areas is fundamental to rural vitalization, said Yu Xinrong, vice agriculture and rural affairs minister.

In 2018, operating revenue of China's agricultural product processing industry reached 14.9 trillion yuan (about 2.17 trillion U.S. dollars), while rural tourism reported revenue of more than 800 billion yuan.

Local authorities are required to provide more support for land use of rural industries when making annual land utilization plans, Yu said.

Financial institutions at the county level should promote local rural industries with deposits received, and are encouraged to set up rural industrial development funds to meet the capital demand for industrial development, according to Yu.

Farmer training should be strengthened and vocational colleges are supported to expand enrollment in rural areas, he added.