These Measures aim at solving the problem of constant production and seasonal use of chemical fertilizers, promoting the balanced production of chemical fertilizers enterprises and satisfying agricultural production needs for chemical fertilizers in peak seasons. The Text consists of 29 Articles divided into 9 Chapters: General Provisions (I); Administration of Off-season Reserves of Chemical Fertilizers (II); Scale and Distribution of Off-season Reserves of Chemical Fertilizers (III); Basic Requirements for an Enterprise Maintaining the Reserves and the Determination Thereof (IV); Agreements on Off-season Reserves and Liabilities (V); Liabilities for An Enterprise Maintaining Reserve (VI); Supervision and Inspection (VII); Financial Administration (VIII); Supplementary provisions (IX).; The entrusting entities of off-season reserves of chemical fertilizers refer to the Economic and Trade Department of the National Development and Reform Commission (NDRC) and the Economic Construction Department of the Ministry of Finance that are responsible for determining enterprises for maintaining off-season reserves of chemical fertilizers and signing storage agreements therewith.; The enterprises maintaining off-season reserves of chemical fertilizers refer to those that file an application for maintaining off-season commercial reserves of chemical fertilizers and are approved to do so, and reach storage agreements with the entrusting entities of off-season reserves of chemical fertilizers.; The NDRC, in combination with the Ministry of Finance, shall determine the areas, the varieties and quantities of off-season reserves of chemical fertilizers. The enterprises maintaining the reserves shall be determined by way of bidding in principle. The funds necessary for off-season reserves of chemical fertilizers shall be provided by the bank. Each bank shall grant loans to enterprises maintaining reserves on the premise of holding the principle of good credit standing and guaranteeing the safe use of funds, and the enterprises maintaining reserves shall repay capitals with interests on schedule. The interest subsidies shall be granted by the central treasury for off-season reserves of chemical fertilizers.
Decree No. 26 of the National Development and Reform Commission and the Ministry of Finance promulgating the Measures for the Administration of Commercial Reserves of Chemical Fertilizers during Off-seasons.