China has earmarked a large fund to invest in agricultural industrialization projects this year, the Ministry of Finance (MOF) announced on Monday.

The central government plans to provide 4.93 billion yuan ($805.98 million) to ­finance a total of 4,238 ­agricultural projects, including 1,445 planting bases, 1,369 breeding bases and 914 product processing items, the MOF said in a statement posted on its website.

Leading agricultural enterprises, superior or distinctive agricultural products involving livestock breeding, grain and oil as well as vegetables were listed as priorities for gaining access to the support, said the statement.

The MOF said the central fund will spur further investments of 2.58 billion yuan from local governments and 10.39 billion yuan from self-raised funds and bank loans.

China is beefing up investments to secure economic growth amid slowdown. At least 12 documents supporting growth were released by the State Council in May, ranging from manufacturing upgrades to asset securitization.

The National Development and Reform Commission, China's top economic planner, also approved a batch of infrastructure projects with a total investment of more than 450 billion yuan in May, including a high-speed railway project in East China's Shandong Pro­vince, news portal chinanews.com reported Wednesday.

China's GDP grew by 7 percent in the first three months of this year, the worst quarterly result in six years.