China has set specific goals for its vast rural sector over the
next five years.
The goals cover sales of farm produce, farm tools, materials and
logistics and also the purchase of consumer goods.
The Ministry of Commerce (MOC) said Tuesday that, according to
the 11th Five-Year rural market system plan (2006-2010), 100 large
farm produce wholesale markets will be set up as well as 100 rural
logistics enterprises.
The sales volume of rural means of production is expected to
reach 1.1 trillion yuan in the next five years, according to the
plan.
The MOC also said China expects consumer goods sales in rural
areas to reach 3.5 trillion yuan (US$437.5 billion) over the next
five years with an average annual growth rate of 10 percent.
(Xinhua News Agency November 1, 2006)
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