China News Service, Beijing, January 14 (Reporter Zhao Jianhua) In recent years, the scale of China's agricultural insurance premiums has grown rapidly, and the role of benefiting farmers has continued to play.

The Ministry of Finance of the People's Republic of China recently revised and promulgated the "Administrative Measures for Agricultural Insurance Premium Subsidies of the Central Finance" (hereinafter referred to as the "Measures") to optimize the proportion system of agricultural insurance premium subsidies for bulk agricultural products and the local agricultural product insurance incentive and subsidy policies.

  In recent years, after sudden natural disasters such as African swine fever, the "cold dew wind" in the south, the heavy rain in Henan, and the typhoon "fireworks" in Jiangsu, Zhejiang and Shanghai, all the insured farmers in China have been paid in time, and the role of agricultural insurance in compensating for post-disaster losses has been reflected.

In 2021, the central government allocated a premium subsidy of 33.345 billion yuan (RMB, the same below), an increase of 16.8% over the previous year, driving the national agricultural insurance to achieve a premium income of 96.518 billion yuan and providing risk protection for agricultural production of 4.78 trillion yuan.

  The relevant person in charge of the Ministry of Finance emphasized on the 14th that China is a traditional agricultural country. With the overall support of the state, improving the ability to resist natural disasters, ensuring the income of the majority of farmers, and improving the enthusiasm of agricultural production are the inherent needs of developing modern agriculture.

  According to the person in charge, the "Measures" basically maintain the proportion of insurance premium subsidies stable, and increase the central government's support for planting insurance in the central, western and northeastern regions.

For the premiums of seed production insurance for rice, wheat, corn, cotton, potato, oil crops, sugar crops, natural rubber, and the three major food crops (rice, wheat, and corn), the average subsidy ratio at the provincial level shall not be less than 25% On the basis of this, the central government will subsidize 45% of the central, western and northeastern regions, and 35% of the eastern region.

  At the same time, maintain a stable ratio of insurance premium subsidies for aquaculture, forestry and Tibet-related specific species in various regions.

On the basis of the provincial average subsidy ratio of not less than 25%, for the insurance premium of breeding sows, fattening pigs and dairy cows, the central government subsidizes 50% for the central and western regions and 40% for the eastern regions; For forest insurance premiums, the central government subsidizes 50% of public welfare forests and 30% of commercial forests; the central government subsidizes 40% of insurance premiums for specific Tibetan varieties of barley, yak, and Tibetan sheep.

  In recent years, local advantageous and characteristic industries have developed rapidly, such as Guangdong lychee, Hunan citrus, Hubei crayfish, Ningxia wolfberry, Inner Mongolia beef cattle, Shaanxi apple, Tibet Tibetan chicken and other local characteristic agricultural products insurance have won the support of the central financial incentive and subsidy policy.

The person in charge said that the reward and subsidy policy will be extended to the whole country, and the subsidy will be awarded in different places.

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