Crop Farming China E-News 1511 (12 issues per year)

Date: 2015-12

“In 2011-2015, the MOA expanded the pilot range of financial lease on agricultural machinery. On 7 Sept., 2015, the State Council issued the Guidance on Accelerating the Development of Financial Lease Industry to systematically launch the development work on financial lease industry. This further create development opportunity of agricultural machinery + Internet. Now, e-commerce platforms grasp the opportunity to develop the marketing mode of Internet + agricultural machinery + finance.
The USD/RMB exchange rate in this report is USD1.00=RMB6.3154 on 2 Nov., 2015, sourced from the People’s Bank of China. All the prices mentioned in this report will include the VAT, unless otherwise specified.

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