No. 1 central document issued in 2022
In February 22, 2022, the CPC Central Committee and the State Council issued the opinions on the key work of Promoting Rural Revitalization in 2022, that is, the No. 1 central document issued in 2022. This is the No. 1 Central Document No. nineteenth since twenty-first Century guiding the work of agriculture, rural areas and farmers. The opinions pointed out that we should firmly adhere to the two bottom lines of ensuring national food security and preventing large-scale return to poverty, promote new progress in Rural Revitalization and take new steps in agricultural and rural modernization. The opinions put forward eight aspects: making every effort to do a good job in grain production and important Shenzhen Agricultural Products Group Co.Ltd(000061) supply, strengthening the basic support of modern agriculture, and firmly holding the bottom line of no large-scale return to poverty.
Vigorously promote key agricultural core technologies such as seed sources
The opinions emphasizes the need to vigorously promote the tackling of key agricultural core technologies such as seed sources. We will fully implement the action plan for the revitalization of the seed industry. We will accelerate the general survey and collection of agricultural germplasm resources and strengthen accurate identification and evaluation. Promote the construction of national major innovation platforms in the field of seed industry. Start major projects of agricultural biological breeding. We will accelerate the implementation of key agricultural core technology research projects, implement systems such as “showing leadership” and “ministry provincial linkage”, and carry out pilot long-term R & D projects. Strengthen the construction of modern agricultural industrial technology system. Carry out the pilot of subsidy after R & D and promotion of major varieties. We will implement the seed law, implement the system of substantive derived varieties, strengthen the protection of intellectual property rights in the seed industry, and severely crack down on illegal and criminal acts such as trademark infringement in accordance with the law.
Industry drives rural revitalization and liberates rural productive forces
The opinions requires that we should continue to promote the integrated development of rural primary, secondary and tertiary industries, vigorously develop county-level industries to enrich the people, strengthen the construction of county-level commercial system, promote farmers’ local employment and entrepreneurship, and promote the green development of agriculture and rural areas. We believe that rural revitalization and common prosperity will be one of the main lines of China’s consumption upgrading in the future. Constantly building and tapping rural industries, unblocking Shenzhen Agricultural Products Group Co.Ltd(000061) production and marketing channels, and tapping the potential of rural consumer groups are the main focus of consumption in the future.
We will solidly carry out the construction of rural infrastructure and vigorously promote the construction of digital countryside
(1) we should orderly promote the connection of class III and above highways in villages and towns, hardened roads in natural villages (groups) with large population, and implement life safety protection projects and dangerous bridge reconstruction of rural roads. We will solidly carry out the pilot reform of the management and maintenance system of rural roads. Steadily promote the automatic detection of rural road conditions. We will promote the construction and transformation of rural water supply projects and improve purification and disinfection facilities and equipment. We will further implement the rural power grid consolidation and upgrading project. (2) Promote Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) development and promote the integrated application of information technology and agricultural machinery and agronomy. Strengthen the training of farmers’ digital literacy and skills. Digital technology can empower rural public services and promote Internet plus government services to extend to rural areas. We believe that new rural infrastructure will also be a new industrial hotspot in the future, including the improvement of rural roads and power grids, the construction of rural logistics system, rural Internet government coverage, Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) construction, etc.
Investment opportunities
We believe that the flooding of a large number of registered and fake seeds in the market is a strong stumbling block in the revitalization of the seed industry. In view of the previous serious imitation of registered seeds in the seed industry and the lack of better protection for original innovation, Document No. 1 of this year put forward strong targeted measures to further illustrate the country’s determination to revitalize the seed industry. The opinions specifically proposed to vigorously implement the soybean and oil production capacity improvement project, indicating that the state attaches great importance to corn and soybean, and corn and soybean are expected to take the lead in the commercialization of biological breeding. Leading seed industry enterprises with leading research and development of transgenic traits and strong variety competitiveness are expected to seize the opportunity of technological change in the seed industry and obtain more market share by relying on high-quality varieties.
The boom of the agricultural sector is rising, and we can actively pay attention to the subdivided agricultural sectors such as seed breeding, pigs and feed.
Risk tips
1. The implementation of GM commercialization policy did not meet expectations; 2. Natural disaster risk; 3. Uncertainty of epidemic situation; 4. The macro-economy has declined significantly; 5. The escalation of Sino US trade frictions.
