BEIJING, June 22 (Xinhua) -- South China's Hainan Province on Thursday unveiled a guideline to vigorously promote development of the agricultural product processing enterprises and enhance comprehensive benefits and competitiveness of the agriculture.
Under the guideline, Hainan will add a number of leading agricultural product processing enterprises. By 2020, the output value of the sizable agricultural product processing enterprises each with the main business revenue above 20 million yuan annually will exceed 50 billion yuan, while that of the agricultural product processing industry will exceed 100 billion yuan.
By 2025, the output value of the sizable agricultural product processing enterprises will reach 80 billion yuan, while that of the industry will amount to 160 billion yuan, said the guideline.
The Province will vigorously develop the agricultural culture and creative processing industry, speed up development of the international agricultural product processing industry and expand the export-oriented processing industry targeting the markets along the Belt and Road routes.
Meanwhile, the Province will accelerate the establishment of Hainan tropical agriculture industrial development fund and encourage social capital to set up industrial investment funds in related fields. It will also offer favorable tax policies and electricity consumption policies to the leading agricultural product processing enterprises. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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