BEIJING, Feb. 18 (Xinhua) --- China will build a batch of agricultural product processing parks each with an annual output value of more than 10 billion yuan (about 1.43 billion U.S. dollars) this year, according to a circular recently released by the Ministry of Agriculture and Rural Affairs.
The country will encourage and support the new-type business entities such as farmers' cooperatives and family farms to develop facilities such as preservation, storage, grading, and packaging for the primary processing products, and improve the quality of agricultural products.
In addition to the agricultural product processing, the country also eyes the integration of new-generation information technologies such as the Internet, the Internet of Things (IoT), blockchain, artificial intelligence (AI), 5G, and biotechnology with the agriculture.
The country will increase technology investment in agricultural industry and also in rural areas and guide social investment in the development of agricultural science and technology and the construction of digital villages, said Bao Youchen, an analyst at Sealand Securities. (Edited by Hu Pingchao, hupingchao@xinhua.org)