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China's rural economy continued to improve in the first half of this year, with the arrival of the summer grain harvests and the expansion of soybean and oil-producing crops, officials with the Ministry of Agriculture and Rural Affairs said on Wednesday. Zeng Yande, head of the ministry's Development and Planning Department, said the summer grain harvest had come in at 147.4 million metric tons, a rise of 1.4 million tons on last year, with wheat production at 135.7 million tons, up 1 percent year-on-year. The ministry expects the area of early rice crops to increase steadily, and more than 60

Global seed and crop giant Syngenta Group"s selection of Shanghai's Nasdaq-style STAR Market for its proposed mega IPO will likely accelerate the use of the company's technologies in China's agricultural sector and further consolidate the nation's grain security, analysts said on Monday. Their remarks followed foreign media reports that Syngenta, a subsidiary of State-owned Sinochem Holdings Corp Ltd, is preparing to make its IPO in Shanghai before the end of this year. If the plan goes through, it could create one of the world's biggest listings of the year. According to the prospectus disclosed by the Basel, Switzerland-based group last

China looks forward to solid partnership with the United Nations" International Fund for Agricultural Development to promote China's rural revitalization, poverty reduction and rural development in the Asia-Pacific region and to contribute to global agricultural development, an official said. Yu Weiping, China's vice-minister of finance, made the remarks during a keynote speech at an online event on Tuesday held to commemorate the 40 years of cooperation between China and the IFAD. He said over the past 40 years, China and IFAD have shared the same goals of eliminating rural poverty and promoting agricultural and rural developments and have worked together