China Announces Land Policy Aimed at Promoting Income Growth in Countryside

BEIJING — Chinese leaders said Sunday that they would adopt a rural growth policy aimed at vastly increasing the income of China’s hundreds of millions of farmers by the year 2020, setting in motion what could be the nation’s biggest economic reform in years.

The new policy is intended to stimulate market-driven economic growth in the countryside and to narrow the enormous income disparity between rural and urban Chinese, one of the largest such gaps in the world. Its adoption is another significant step away from the system of communal farming and collectivization put in place under Mao. …