China Balances Economy, Food Security by Urging Careful Reforms

(Bloomberg) — China will push forward rural land reforms in a cautious manner as it tries to balance bolstering food security, particularly during the coronavirus pandemic, with economic growth. The remarks were made by agriculture minister Tang Renjian after China issued a plan over the weekend pledging to boost "rural revitalization." The policy document addresses a raft of measures, including the transfer and leasing of rural land, which is a core issue in helping rural residents become more prosperous as their incomes currently lag behind urban peers. "On rural land issues, we cannot simply calculate the economic returns," Tang said…