- A law governing rural cooperatives was implemented on July 1, 2007, with the purpose of protecting the legal rights of rural cooperatives and their members and promoting the development of agriculture and rural economy.
- Currently, there are over 600,000 legally registered rural cooperatives. More than 43 million families have joined cooperatives, accounting for 17.2 percent of rural families, and those who do enjoy incomes 20 percent higher than those who do not.
- An additional 28,000 miscellaneous rural economic organizations provide services to 110 million rural families and form the main body of agricultural production. Revenues of leading rural companies now hit 5.7 trillion yuan ($916 billion), producing one-third of agricultural products in the Chinese market. |