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PH gets agriculture tech grant from China

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The Chinese government will provide a grant aiming to enhance the Philippines’ palay production, the Department of Finance (DOF) said yesterday.

The Chinese government will provide a grant aiming to enhance the Philippines’ palay production, the Department of Finance (DOF) said yesterday.

In a statement, the department announced that Finance Secretary Carlos G. Dominguez III and Chinese Commerce Minister Zhong Shan forged last Tuesday an agreement on a 27.52-million renminbi grant from China.

The Chinese funding will be used to modernize the Philippines’ hybrid rice center, and in turn, boost the country’s palay production, the DOF said.

See full article at Manila Bulletin

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