Favorable policies will be rolled out to facilitate two-way flows of urban and rural production factors, and encourage, in particular, channeling more resources towards rural areas to boost rural dynamism.

I. Agricultural and rural reforms

We will consolidate and improve the basic rural management system, implement the policy of extending the second round of land contracts for another 30 years upon expiration, improve the system of separating the ownership right, contract right, and management right of rural contracted land, and further reduce restrictions on the management right. We will develop various types of appropriately scaled agribusiness operations, accelerate the fostering of new agricultural business entities such as family farms and farmers' cooperatives, improve the system of specialized and commercial services for agriculture, and introduce small rural households to modern agriculture. We will further carry out trial reforms on rural land designated for housing, accelerate the confirmation and certification of both land and house rights, and explore the approach to achieving the separation of ownership, entitlement, and right to use of rural land designated for housing. We will vigorously explore and implement a system for putting rural collective land for development purposes on the market, allow rural collectives to convert idled land designated for housing that has been recovered after paying compensation, and disused collective land designated for public good into collective land for development purposes and put the land on the market according to law based on the premise of farmers' willingness. We will establish a mechanism for determining public interests in rural land requisition and narrow the scope of requisitioned land. We will deepen the reform of the rural collective property rights system, improve the powers and functions of property rights, quantify for-profit assets for the members of the collective economic organizations, and develop a new rural collective economy to effectively alleviate the burden of village-level organizations. We will give play to the exemplary role of national pilot zones for integrated urban-rural development and rural reform pilot zones.

II. Supply of production factors for agricultural and rural development

We will improve the system for guaranteeing government funding for agriculture and rural areas and increase support to them from the central government’s financial transfer payments, proceeds from sale of land-use rights, and local government bonds. We will improve the agricultural support and protection system, as well as the interest compensation mechanism for major grain-producing areas, develop a new system of agricultural subsidy policies, and refine the policy for setting minimum prices for state grain purchases. We will deepen the reform of supply and marketing cooperatives and improve the support mechanism for rural land use, to ensure that the reasonable land-use needs in developing protected agriculture and rural industries are met. We will improve the rural financial service system and the incentive mechanism of financial support to agriculture, expand the scope of financing guaranteed by rural asset collateral, and develop agricultural insurance. We will allow people who seek employment or who want to start businesses in the countryside to register their household and enjoy relevant rights and interests in their native places or the locations of their jobs or businesses, and establish a system for scientific researchers to engage in secondary jobs and off-post entrepreneurship in rural areas.

Excerpt from: Outline of the 14th Five-Year Plan （2021-2025）for National Economic and Social Development and Vision 2035 of the People's Republic of China

Source：http://tppckte.org.cn/2021-08/04/content_77671903.html