Reform of China's Agricultural Subsidy Policy Based on American Experiences
Zhao Xia
Abstract
Zhao Xia
Abstract
American agriculture successfully avoids international trade conflicts although it is protected and supported by subsidy policy,which benefits from suitable subsidy system and its adaptable adjustment.Using the experience of America for reference,China should add subsidy quota,substitutes indirect subsidy with direct one,adjust the composition ofAmber Boxsubsidy,and increase the type and quantity of Green Box subsidy.
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American agriculture successfully avoids international trade conflicts although it is protected and supported by subsidy policy,which benefits from suitable subsidy system and its adaptable adjustment.Using the experience of America for reference,China should add subsidy quota,substitutes indirect subsidy with direct one,adjust the composition ofAmber Boxsubsidy,and increase the type and quantity of Green Box subsidy.
Key concepts: Subsidy, China, Agriculture, Economics, Public economics, Agricultural economics, International economics, Business