Kiwa Bio-Tech Products Group Corp (fka KWBT)

[operating_line]

China's food security at core of Beijing's new five-year rural-revitalisation plan

The following relates to biofertilizer and soil remediation markets that KWBT is trying to grow in:

"The new plan puts a comprehensive revitalisation of the countryside at the heart of the national agricultural strategy in the next five years.

...it requires all provincial authorities across the country to maintain stable grain-planting acreage and to increase yields to improve the supply of wheat, corn, rice, cotton, edible oils, sugar and meat during the 14th five-year plan period that runs from 2021-25.

However, unlike in previous years, this year's plan establishes a series of numerical targets for food production, including reaching an annual grain output of more than 650 million tonnes and creating 100 million mu (6.67 million hectares) of high-quality arable land that can guarantee bumper harvests despite natural disasters."

"The ministry will also encourage the use of modern biological breeding, gene editing, synthetic biology and artificial intelligence technologies to create new, high-yield seeds for key crops.

"The document encourages the country's financial institutions to establish special internal departments to support the rural-revitalisation project.

Additionally, Beijing is expected to officially launch a new central government rural-revitalisation bureau on Thursday, replacing the State Council leading group office on poverty alleviation and development, according to the state-run newspaper The Beijing News."

https://news.yahoo.com/chinas-food-security-core-beijings-093000444.html