Rural Residents' Per Capita Disposable Income Grows 5.6% in Real Terms in First Three Quarters

Deep News09:20

In the first three quarters, the vitality of agricultural and rural development continued to strengthen, according to the Ministry of Agriculture and Rural Affairs.

From the perspective of farmers' income, the national per capita disposable income of rural residents reached 18,809 yuan, a real increase of 5.6%, which was 2 percentage points faster than that of urban residents.

Data shows that the province-wide pilot program for extending the second round of land contracts for another 30 years upon expiration has been fully launched, and more than 30 million contracts have been signed nationwide so far.

Localities have cultivated approximately 6 million family farms and farmer cooperatives, with 1.08 million operating entities providing socialized services.

Agricultural product imports and exports delivered outstanding performance. In the first three quarters, the total import and export value of agricultural products reached 252.36 billion US dollars, up 9.7% year on year, of which imports were 171.46 billion US dollars, up 10.2%, and exports were 80.9 billion US dollars, up 8.7%.

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