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   Volume 23,Issue 4,2011    Review>> 中文
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Thoughts of Chinese agriculture development

Due to global climate changes and industrialization and urbanization in undeveloped countries, the global grain production stagnates. Also, with US dollar deflation, the political and financial role attributes of grain are increasing.

Nonstop rise of the prices for agricultural products

In China, the fluctuation of grain price is directly reflected by the rise of CPI. Also, the drought happened in recent became a driven force of wheat future prices in both foreign and domestic market. Partial influence of price fluctuations in the international market spreads to China through futures market. But capital speculation can hardly impact Chinese domestic grain market seriously, because the production and market of main three staple grains paddy, wheat and maize are dominated by the government. If the prices go up too rapidly, certain interventions are taken by the authorities. In fact, Chinese domestic grain market is relatively isolated from the world. 

However, we have seen an upward trend of the prices for Chinese agricultural products. With the cost of labour, energy and materials continuously rising, the price rise of farm food is unlikely to stop. We should avoid dramatic fluctuations of price, but not overreact to price stable rise. Actually, the rise of CPI between 4%-5% is more reasonable to a country which economy keeps developing with 10% annual rate. BOABC anticipates...
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Before the annual sessions of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) National Committee, Guo Chengzhi, an NPC deputy and Party chief of Xingtai county, Hebei province, visited villagers' homes and talked with them to understand their needs and aspirations. Carrying people's appeals and opinions to the national platform and speaking for farmers is what Guo has been doing for 19 years as an NPC delegate, which deserves our highest respect, says an article in People's...

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