Fundamental Frame and Policy Choice of Agricultural Insurance System in China

In China,agriculture always faces multi-fold hazards because of frequent natural disaster and farmers'disperse operation model,peasants are,therefore,keep a great potential demand in agricultural insurance.However,less incentive in supply and in demand of agricultural insurance has commonly brought out a long-run shrink tendency in agricultural insurance market.It is,therefore,necessary for us to redesign drastically an new agricultural insurance system under the background of building of harmony society and new socialist countryside,in order to establish a policy-oriented agricultural insurance system that is dominant by government.Meanwhile,institutional redesign should tightly keep general policies ofagriculture,peasant and countryside,and issues of food security,cooperatives of peasant,rural anti-poverty and rural insurance should be introduced into new agricultural institutional framework.