DEVELOPMENT OF AGRICULTURAL SECTOR IN CHINA: STRUCTURE, TRENDS AND INVOLVEMENT IN THE GLOBAL TRADE FLOWS

Анотація

The paper reveals the issues of agricultural development and trade in China for the period 2014-2022. The rapid growth in the output value of agriculture, forestry, animal husbandry, and fishery in China is marked, highlighting the distinctive advantages of regions specializing in these areas. It was found that despite using only 7% of its own arable land, China manages to feed 20% of the global population, achieving a 95% self-sufficiency rate in cereals. This study employs policy investigation and comparative analysis to assess the evolution of China's agricultural policies and their impact on the industry. The paper further explores the balance in the supply and demand of major crops like rice, wheat, and corn, and the substantial improvements in national food security. Additionally, the international trade of agricultural products has expanded, showcasing China's comparative advantages and efficient resource utilization. It identifies the achievements and challenges in China's agricultural development and emphasizes the importance of international cooperation and sustainable development strategies, such as the "Belt and Road" initiative, in enhancing global food security. Keywords: agriculture, rural development, periphery regions, agricultural trade, agricultural export and import, China, global product security

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