City to try out grain banks
Posted:2008-3-4|Source:internet|No. of Views:
The Qionglai city under the administration of Chengdu will start setting up grain banks as a way to reform the grain circulation market. The banks are to become a platform for farmers to do grain processing, reserving and exchange of other products. The first two such banks have begun operation recently. By saving grain in the bank, farmers will face less risk in face of natural disasters and they can also reserve grain to sell in the future for a higher price. In the meantime, farmers are able to have fresh supplies of grain, vegetable and other goods via the quality-guarantee shops in exchange of the grain reserved in the bank. The measure is considered to be able to benefit farmers, the people and the country.
