The province's first order! In Shaoguan, Yao Medicine Planting Insurance is launched.

Recently, Ping An Property & Casualty Shaoguan Central Branch Company focuses on the "High-quality Development Project of 100 Counties, 1,000 Towns, and 10,000 Villages" with the help of  Shaoguan Agriculture and Rural Bureau, Shaoguan Finance Bureau, Shaoguan Financial Work Bureau, Ruyuan Yao Autonomous County People's Government, County Agriculture and Rural Bureau, and other relevant departments，which actively supports the successful launch of Guangdong Province's first distinctive Yao medicine planting insurance in Shaoguan, prioritizing the stable production and supply of grain and important agricultural products, encouraging the high-quality development of rural industries, and promoting the stable production and supply of grains. For the 664 mu (a Chinese unit of area, equalling to 0.0667 hectare) of evodia that Yuexing Agricultural Development Co., Ltd. of Ruyuan Yao Autonomous County planted, it offers risk protection of 2 million yuan. 

664 mu of evodia planted by Yuexing Agricultural Development Co., Ltd. of Ruyuan Yao Autonomous County.

 

It is known that the Ruyuan Yao Autonomous County's Yao residential area has a lengthy history and a vibrant culture. The Yao people have developed a distinctive Yao medicine as a result of their extensive experience using herbal remedies to prevent and treat illnesses. The Yao people use a variety of techniques and methods for diagnosis and treatment, all of which have unique national characteristics. With Ruyuan County financially subsidizing 35% of the premium, Yao medicine plantation enterprises and farmers only need to pay 65% of the premium in order to obtain insurance protection, significantly lessening the financial burden on the majority of Yao medicine planting enterprises and farmers.

Evodia

 

The city's need for medicinal material planting protection has been successfully met with the introduction of Yao medicine planting insurance. The insurance liability during the insurance period also includes risks from forest pests and wildlife, as well as natural disasters like drought and heavy rain and accidents like mudslides and landslides.