81.5 billion yuan! my country's agricultural insurance premiums are the largest in the world in 2020

　　Since the central government implemented the agricultural insurance premium subsidy policy in 2007, my country's agricultural insurance work has gradually developed and achieved positive results.

　　The data shows that since the central government implemented the agricultural insurance premium subsidy policy, the types of subsidies have been gradually expanded, from 5 in 2007 to 16 bulk agricultural products such as natural rubber and oil crops and more than 60 local advantageous characteristic agricultural products, basically covering Major agricultural products related to national economy, people's livelihood and food security.

Differentiated subsidy policies were implemented in light of the regional and insurance types, and the subsidy ratio was gradually increased.

In 2020, my country's agricultural insurance premium income will be 81.5 billion yuan, and it has become the country with the largest agricultural insurance premium in the world.

Tuo Guozhu, Professor of Capital University of Economics and Business:

Because agricultural insurance is very special, farmers cannot afford to buy purely commercial agricultural insurance. The reason why we can stand first in the world is because of the huge financial support. With a huge financial support, our agricultural insurance cannot be done.

　　Beginning in 2017, the Ministry of Finance, in conjunction with relevant departments and units, has implemented agricultural disaster insurance in some of the major grain-producing counties in 13 major grain-producing provinces to cover direct materialized costs and land costs.

Beginning in 2018, the Ministry of Finance, in conjunction with relevant departments and units, has launched a three-year pilot project of full cost insurance and planting income insurance in 24 major grain-producing counties in 6 major grain-producing provinces. The level of protection covers direct materialized costs and land. All agricultural production costs or planting income such as costs and labor costs.

This year, the Ministry of Finance, in conjunction with relevant departments and units, began to expand the scope of implementation of full cost insurance and planting income insurance for the three major food crops.

Professor Tuo Guozhu of Capital University of Economics and Business: The

government continues to increase financial investment in agricultural insurance, which is an important driving force for the continuous advancement and development of agricultural insurance.

I think this is because the government is really doing our food security and national agricultural security. The development of industry, especially the modernization of our agriculture and rural areas, is actually to further implement our national development strategy.

　　(Headquarters CCTV reporter Tian Qiyong)