Impacts of the National Nutrition Plan 2017–2030 on Listed Agrifood Enterprises: A Financial Statement Perspective

Jianxiong Chen, Chung-Cheng Yang () and Yu Lin
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Jianxiong Chen: College of Economics and Management, Fujian Agriculture and Forestry University, Fuzhou 350002, China
Chung-Cheng Yang: College of Management, National Yunlin University of Science and Technology, Yunlin 64002, Taiwan
Yu Lin: College of Management, National Yunlin University of Science and Technology, Yunlin 64002, Taiwan

Agriculture, 2024, vol. 14, issue 5, 1-17

Abstract: The Chinese government promulgated the National Nutrition Plan 2017–2030 to provide scientific guidance for agrifood consumption and enhance nutrition intake. We categorized the sample into pre-2018 and post-2018 periods. By evaluating the effects of the National Nutrition Plan 2017–2030 through economic theory and a translog revenue function model based on financial statement data from 2015 to 2022, our findings indicate that the National Nutrition Plan 2017–2030 has increased the overall agrifood sales of listed agrifood enterprises, but the increase in agrifood sales produced by large listed agrifood enterprises has been slight. Finally, we offer policy recommendations for regulatory authorities and develop strategies for agrifood firms to encourage local food procurement. This study also contributes to our understanding of China’s agrifood industry dynamics and underscores the significance of the National Nutrition Plan 2017–2030 in enhancing nutritional intake and fostering sustainable growth in China’s agriculture industry.

Keywords: agrifood sector; listed agrifood enterprises; the National Nutrition Plan 2017–2030; economic theory; agrifood supply chains (search for similar items in EconPapers)
JEL-codes: Q1 Q10 Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 (search for similar items in EconPapers)
Date: 2024
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