qì​yuē​nóng​yè

contract farming

契约农业 契約農業 qì​yuē​nóng​yè
contract farming
A business model in which farmers sign legally binding agreements with companies or organizations to produce specific agricultural goods (also called 订单农业 dìng​dān​nóng​yè); in times of war or special circumstances, it may function as a form of contract-based agricultural production similar to loans in kind, used to maintain essential agricultural operations.

Cross-References

Same as