Recently, the villagers’ cooperative of Tongxin Village, Jiangxi Town, Jiangnan District has signed the agreement of developing village-level collective economy projects with the enterprise settling in the village -- Guangxi Lifa Agricultural and Animal Husbandry Co., Ltd. This was the first poverty alleviation project brought in Jiangnan District by the villagers’ cooperative in 2020. It will play an important demonstration and driven role in tackling the employment problem of poor households and boosting the development of village-level collective economy.
It was understood that the project will integrate the supporting fund of 0.893 million yuan from all levels to purchase the supporting equipment such as 4 chicken houses, 385 groups of chicken cages and 8 three-layered traveling feeders in the chicken farm of Guangxi Lifa Agricultural and Animal Husbandry Co., Ltd. It will include the equipment into the fixed asset of the cooperative and the cooperative will charter the fixed asset back to the company. The contract term of the agreement was five years and it is expected to bring in the rental income of 72,000 yuan to the cooperative each year.