Core Insights - Shandong province is actively addressing the impact of continuous rainy weather on autumn grain harvests by implementing emergency financial measures to support farmers and ensure food security [1][2][3] Financial Support Measures - The Shandong provincial government has allocated an emergency fund of 30 million yuan (approximately 4.2 million USD) to support local agricultural activities, including machinery harvesting and grain drying [1] - An additional 120 million yuan (approximately 17 million USD) in central government funds has been distributed to various cities and counties to expedite the harvesting and drying of autumn grains [1][2] Agricultural Insurance and Risk Management - Shandong has established a multi-tiered agricultural insurance system, with 4.451 billion yuan (approximately 630 million USD) allocated for premium subsidies this year, including 1.505 billion yuan (approximately 210 million USD) specifically for autumn crops [2] - The provincial finance department is guiding insurance companies to prioritize claims processing and establish a pre-compensation mechanism to protect farmers' interests [2] Support for Agricultural Operations - Local agricultural cooperatives are working around the clock to dry harvested corn, with one cooperative reporting the drying of 2,000 tons of corn to prevent spoilage [2] - Agricultural guarantee institutions in Shandong are conducting comprehensive assessments of funding needs for large-scale grain producers and offering preferential rates for loans related to agricultural machinery [3]
山东:抢天夺时战“三秋”,财政发力保粮安
Xin Hua She·2025-10-17 10:22