China To Invest $9.5B To Help Farmers Amid Slump

BEIJING (AP) — China's central government will invest 65 billion yuan ($9.5 billion) on infrastructure and services in the vast and poor countryside to help farmers cope with the economic downturn, the Cabinet on Wednesday said.

The move to support the agricultural sector includes investing in pig raising and dairy farming and improving grain production, according to state broadcaster CCTV.

Infrastructure investment will focus on building rural facilities for farming education and health, as well as improving water supplies, electricity, roads and communications, a Cabinet report said. ...