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Diane Publishing Books
Growth and Evolution in Chinańˇ╗s Agricultural Support Policies
In recent years, Chinese price supports and subsidies for agriculture have risen at an accelerating pace after they were linked to rising production costs. Chinese authorities began raising price supports annually to bolster incentives, and Chinese prices for major farm commodities are rising above world prices, helping to attract a surge of agricultural imports. U.S. agricultural exports to China tripled in value during the period when Chinańˇ╗s agricultural support was accelerating. Chinańˇ╗s price-support programs could exceed World Trade Organization (WTO) limits in coming years. Chinese officials promise to continue increasing domestic policy support for agriculture, but the mix of policies may evolve as the Chinese agricultural sector becomes more commercialized and faces competitive pressures. Figures and tables. This is a print on demand report.
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