Agricultural Subsidy Policy in China: Problems and Countermeasures
Jiang Shao-min
Abstract
Jiang Shao-min
Abstract
Based on a clarification of the definition of agricultural subsidies,this paper analyzes the current situation of agricultural subsidy policy in China and the problems encountered.The author then offers suggestions for establishing an agricultural subsidy system characteristics of the Chinese style: making full use of the restricted amount of allowance set by WTO to increase the intensity of green box;adjust policies in this respect,and promote reform of the economic system in the rural areas.
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Based on a clarification of the definition of agricultural subsidies,this paper analyzes the current situation of agricultural subsidy policy in China and the problems encountered.The author then offers suggestions for establishing an agricultural subsidy system characteristics of the Chinese style: making full use of the restricted amount of allowance set by WTO to increase the intensity of green box;adjust policies in this respect,and promote reform of the economic system in the rural areas.
Key concepts: Subsidy, Allowance (engineering), China, Agriculture, Business, Agricultural policy, Natural resource economics, Public economics