The Ministry of Finance and three other departments issued the Implementation Plan for Accelerating the High-Quality Development of Agricultural Insurance, raising all of agriculture insurance’s quantitative targets across the board.
Under the plan, by 2030, insurance coverage for the three major grain crops is to remain at around 90%, and agricultural insurance density is to reach 1,200 yuan per person. Expanding coverage and boosting protection will provide an extra safety net for both crops in the fields and the farmers who grow them, bringing greater peace of mind when disasters strike.
Under the plan, by 2030, insurance coverage for the three major grain crops is to remain at around 90%, and agricultural insurance density is to reach 1,200 yuan per person. Expanding coverage and boosting protection will provide an extra safety net for both crops in the fields and the farmers who grow them, bringing greater peace of mind when disasters strike.
