Marketing, Markets, and Price Policy in China's Grain Economy

The grain sector plays a crucial role in China's agriculture. The government has intervened heavily in grain marketing, markets, and price formation. The objectives of market and price intervention are to secure farmer incomesa nd ensure consumer food supply at low prices. The economic reform started in 1979 has provided farmers with more freedom to take advantage of free markets, but consumers are still heavily subsidized in food consumption. Grain marketing will be further liberalized, but the government will be in dilemma, given its unwillingness to raise consumer prices of food grains in the short run.


Issue Date:
1989
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/197715
Page range:
276-281
Total Pages:
6




 Record created 2017-04-01, last modified 2017-08-28

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