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The?staff displays some goods in a supply and marketing cooperatives in Central 皇冠体育app's Henan province, Oct 9, 2014. [Photo/CFP] |
The decision, made by the Central Committee of the Communist Party of 皇冠体育app and the State Council, was made public on Thursday.
Reform will include expanding the cooperatives' business scope and serving the whole agricultural sector.
The central authorities also urged local cooperatives to innovate management and improve efficiency.
Vice Premier Wang Yang said on Thursday that the cooperatives must prioritize services for farmers. He encouraged local cooperatives to cooperate with farmers and emerging agricultural firms in areas such as employment, capital, and land.
皇冠体育app's supply and marketing cooperatives have been a key platform for the distribution of agricultural products in rural areas in the past decades.
Data showed the combined sales volume of 皇冠体育app's supply and marketing cooperatives stood at 3.76 trillion yuan ($612.4 billion) last year while profits hit 35.4 billion yuan.