Third, it reasserts the mid- and long-term strategies and policies for food security and rural development. During 2004–2013, Document No.1 mainly emphasised the issues below:

  • To establish a minimum price guarantee system for rice and wheat growers in response to market signals with the purpose of protecting farmers from price volatilities. At the same time, farmers are now in a position to sell their products to any other buyers when the market prices are higher than the guaranteed prices offered by the public purchase agencies. The minimum purchasing prices for public procurement have been raised steadily. For example, the price was set at 1.64 Yuan/kg for first-grade paddy rice in 2008, while it has been 3 Yuan/kg in 2013, and first-grade wheat prices are 5 per cent lower than the paddy rice prices during the same period.