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Tuesday, May 05, 2015
Making Chinese Agricultural Policies Should Consider International Factors
ANBOUND

The speech of Lou Jiwei, minister of finance, shows that Chinese decision makers of agriculture do not understand the international market and only make policies according to domestic situation. In the opinions of ANBOUND research team, such actions will surely lead to disconnection with international grain market and agriculture market. Relevant actions of China to guarantee food security ruins effectiveness of domestic grain market and deployment of labor force. Building of agriculture industrial system will lose driving force because of lacking market mechanism. Decision makers must take international factors into consideration when making agriculture policies.

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