A batch of agri-tech equipment made its debut at the ongoing China Grain Trade Conference in Shenyang City of northeast China’s Liaoning Province.
The conference, running from Saturday to Monday, has attracted over 4,000 participating enterprises.
The event has become the first launch site for many new equipment in the grain sector, such as the new robots used in grain bins. The robots, capable of navigating obstacles and positioning themselves accurately in the bins, can coordinate with one other to make the grain piles flat and even in an efficient manner.
"What used to take three to five people seven days, they finished in one hour," said Xiao Xiao, general director of the grain robot project of Seedlight Technology Company.
New technologies such as intelligent grain condition monitoring, automatic ventilation systems, and pest control robots are being rapidly applied in grain depots. A fully intelligent green grain storage system is taking shape.
"Take wheat as an example. In addition to monitoring impurities and moisture, it can check protein and gluten levels in wheat, making it more comprehensive. The new quality productive forces have been fully demonstrated in the grain industry, supporting its development," said Huang Yan, tech director of Sino Instrument Intelligent Control Inc.
China’s advanced agricultural equipment debuts at grain trade conference
China will strengthen fiscal and financial coordination to amplify policy effectiveness, experts said as the draft central and local budgets for 2026 were unveiled on Friday at the ongoing fourth session of the 14th National People's Congress.
According to the draft central and local budgets for 2026, 1.3 trillion yuan (190 billion U.S. dollars) of ultra-long special treasury bonds will be issued to provide continued support for the implementation of major national strategies and security capacity-building in key areas and for large-scale equipment upgrades and consumer goods trade-in programs.
Ultra-long special treasury bonds totaling 800 billion yuan will be allocated to support the implementation of major national strategies and security capacity-building in key areas, and 250 billion yuan in ultra-long special treasury bonds will be earmarked for consumer goods trade-in programs.
The country will refine these programs in terms of their scope and subsidy standards, and continue to support the scrapping and replacement of automobiles, home appliance trade-in schemes, and purchases of new digital and smart products.
China will also set up a 100-billion-yuan fiscal-financial coordination fund to boost domestic demand. The fund will support consumption and private investment through loan interest subsidies, financing guarantee, and risk compensation.
"Fiscal and monetary policies are the two major macroeconomic tools for macro-control, and their coordination is crucial. For instance, fiscal funds primarily serve as a guiding role, while financial institutions provide the capital. When fiscal guidance and financial resources are combined, the synergistic effect creates a result greater than the sum of its parts," said Yang Zhiyong, director of the Chinese Academy of Fiscal Sciences.
"By leveraging interest subsidies, we can mobilize substantial credit from financial institutions, thereby naturally stimulating consumption. The Ministry of Finance, in collaboration with the People's Bank of China, has introduced highly innovative measures, such as providing guarantees for the issuance of corporate bonds by small and medium-sized enterprises (SMEs), and compensating investors for losses. I believe the leveraging effect, making minimal efforts for maximum results, will become even more potent," said Yao Dongmin, director of the Center for China Fiscal Development under the Central University of Finance and Economics.
China's top legislature opened its annual session on Thursday morning at the Great Hall of the People in Beijing, with Chinese President Xi Jinping and other Party and state leaders attending the opening meeting alongside more than 2,700 NPC deputies. This year's NPC session is scheduled to run till March 12.
China to strengthen fiscal, financial coordination to amplify policy effectiveness: experts
