On Nov. 12, 2012, China's first law for agricultural insurance, Agricultural Insurance Regulations (Regulations), was formally issued after the soliciting of public opinions for half a year.

1. China's first Agricultural Insurance Regulations issued
Summary: On Nov. 12, 2012, China's first law for agricultural insurance, Agricultural
Insurance Regulations (Regulations), was formally issued after the soliciting of public opinions
for half a year.
Tag: Policy, Industry adjustment, Agriculture, Investment, insurances, Regulations,
sugarcane, wheat, soybean, sorghum, corn, cotton, tobacco, tea, mulberry, sugarcane, herbs,
vegetables
Investment in agricultural industry has been hot in recent years, and modern agriculture is
also considered to be a potential investment field. Based on the current situation of China's
modern agricultural industry, it's suggested that more capital and highly advanced
management are needed for building some famous brands and increasing the industrial
concentration.
On 12 Nov., 2012, China's first law for agricultural insurance, Agricultural Insurance
Regulations (Regulations), was formally issued after the soliciting of public opinions for half a
year. Besides, the Regulations shall be effective as of March 1, 2013, according to an
announcement published by the Legislative Affairs Office of the State Council (LAOSC).
Agricultural insurances can be divided into planting industry insurance, breeding insurance
and forest insurance basing on agriculture category. Among which, planting industry
insurance refers to the business of providing insurance to grain crops and industrial crops.
That is to say, rice, wheat, soybean, sorghum, corn, cotton, tobacco, tea, mulberry,
sugarcane, herbs, vegetables, etc. are underwritten by the insurance.
The Regulations mainly aims to regulate agricultural insurance activities, protect the lawful
rights and interests of the parties to the contract for agricultural insurance, enhance the
capability to withstand risks during agricultural production and help agricultural insurance
develop well.
Crop Protection China News is a monthly publication released by CCM. It offers timely update
and close follow-up of China’s various kind of crop market dynamics, analyze the market data
and trends. And the major columns include companies' current dynamics and market
situation, a close watch of government policies and regional dynamics. If you want to know
more about Crop Protection China News, you can contact us.
About CCM
CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a
staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data,
Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through
its new proprietary product ValoTracer.

2. For more information, please visit http://www.cnchemicals.com.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou
510070, China
Tel: 86-20-37616606 Email: econtact@cnchemicals.com