date:Feb 12, 2014
China's top economic planner said Tuesday it would raise the minimum state purchasing prices for rice in major farming areas by up to 3.3 percent this year.
The state purchasing prices for early and mid-and-late indica rice will be raised to 2.7 yuan ($44.3) per kg and 2.76 yuan per kg, while that for japonica rice will be set at 3.1 yuan per kg, the National Development and Reform Commission (NDRC) said in an online statement.
The move is aimed to protect farmers' enthusiasm in growing grai