“With the seed industry chain insurance behind us, we can let go of our hands and feet and do it boldly.” Recently, Bo Yongming, general manager of Ningbo Weimeng Seed Industry Co., Ltd. said happily after signing an insurance agreement of “seed production+seed quality”. This is also the first comprehensive insurance for vegetable seed production in China.
Seed is the “chip” of agriculture, and seed industry is the strategic and basic core industry of the country and an important cornerstone for realizing agricultural modernization. In 2021, the No.1 Document of the Central Committee pointed out that “agricultural modernization is based on seeds”, and once again, arrangements were made for “turning over the seed industry”. Located in Yinzhou District, “Weimeng Seed Industry” was established only 8 years ago. It is a melon and vegetable seed enterprise with the largest sales volume and the largest number of independent research and development varieties in Zhejiang Province. It has 92 intellectual property rights of seed industry and is a joint research unit of major scientific research projects of national green stem vegetables and broccoli varieties.
“Now what we see can eventually become the seeds of products, which may only account for 1% of all experimental seeds.” Bo Yongming has been engaged in breeding for many years. In his view, seed production is a long process, and whether it can succeed in the end is very unpredictable.
“Agricultural production is the industry most affected by the risk of natural disasters, and seed production is facing greater risks than general crop planting.” Hu Shangpeng, deputy secretary and deputy director of the Party Committee of Yinzhou Agricultural and Rural Bureau, said that in addition to the daily natural disasters, it will also be infringed by factors such as pests and diseases in different production stages, and various disputes may be faced during the guarantee period of seed after-sales planting.
In order to better help the development of enterprises and “escort” the seed industry. Under the vigorous promotion of Yinzhou Agriculture and Rural Bureau in conjunction with PICC Ningbo Yinzhou Central Branch and other relevant departments, comprehensive insurance for vegetable seed production has been tailored for “Weimeng Seed Industry” through visits, research and terms approval, providing comprehensive insurance protection and full-cycle tracking services for enterprises.
This means that in terms of seed production insurance liability, if the 85-mu original seed breeding base of Weimeng Seed Industry in Yinzhou directly causes the loss of seed production value or death of the insured vegetable seed plants due to storms, floods, waterlogging, pests and diseases, the insurance company will pay compensation according to the contract. At the same time, in the responsibility of vegetable seed quality insurance, if the interests of growers are damaged due to the defects of seeds after sales, the insurance company will also pay corresponding compensation.
“China grain mainly uses’ China species’. With this insurance, it will undoubtedly make our progress easier.” Bo Yongming said that now that the seed industry chain insurance can effectively resist various risks, research and development will be more assured, and the promotion of new varieties will have less worries.
(Source: Ningbo Science and Technology Bureau)