Farming in China: Boosting productivity while raising living standards

This case study examines the Chinese government's steps to maximize agricultural productivity while improving rural living standards, in light of its recently released No.1 Central Document, which once again names agricultural reform as a top priority.

Scope

Outlines key obstacles to greater production efficiency in Chinese agriculture

Outlines key obstacles to raising living standards in the Chinese countryside.

Sets out the government's approach to tackling these obstacles, and what is required for it to be successful.

Reasons to buy

How have levels of mechanization impacted the efficiency of Chinese agriculture over past decades?

How can increased agricultural efficiency be reconciled with the need to improve rural wages?

Companies mentioned

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Table of Contents

OVERVIEW

Catalyst

Summary

REAFFIRMING AGRICULTURE’S IMPORTANCE

Agricultural reform is a key priority

MAXIMIZING PRODUCTIVITY

China is taking steps to modernize agriculture

Mechanization is a crucial component of modernization

Modern approaches to farming are required to improve soil quality

Organizational inefficiencies limit productivity

Rural-urban migration and a lack of ownership rights are major obstacles

Measures to strengthen ownership rights have been extended

Financial reforms should encourage investment

Increased, better targeted subsidies should boost productivity

New priorities are being fostered in agriculture

BOOSTING RURAL DEVELOPMENT

Rural wages lag behind urban pay

Protectionism plays a role

Diversification could be key to improving living standards

CONCLUSIONS

Progress is being made toward addressing agricultural woes

APPENDIX

Definitions

Sources

Further Reading

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