Ministry of Agriculture and Rural Affairs: Deepen the reform of the rural collective property rights system and do not set rigid targets for collective income

The Ministry of Agriculture and Rural Affairs issued implementation opinions on the implementation of the “Opinions of the Central Committee of the Communist Party of China and the State Council on Solidly Promoting Rural Revitalization with a Focus on Agricultural and Rural Modernization.” Among them, it mentions the steady development of new rural collective economy. Deepen the reform of rural collective property rights system, support local efforts to activate and utilize collective assets through methods such as independent operation, leasing, and shareholding, and increase collective economic income. No rigid targets are set for collective income, and no indirect assignment of tasks for collective economic development is allowed. Strictly control risks in collective operations and new debts. Guide local efforts to consolidate and expand the achievements of special rectification of prominent issues in rural collective funds, assets, and resource management. Explore pathways for standardized construction of rural collective economic organizations. Promote the standardized development of rural property rights trading markets.