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Agricultural Supply-Side Structural Reform and Path Optimization: Evidence from China

Yun Shi, Maurice Osewe, Chebet Anastacia, Aijun Liu (), Shutao Wang and Abdul Latif
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Yun Shi: College of Landscape & Tourism, Agricultural University of Hebei, Baoding 071001, China
Maurice Osewe: College of Economics and Management, Nanjing Agricultural University, Nanjing 210095, China
Chebet Anastacia: College of Economics and Management, Nanjing Agricultural University, Nanjing 210095, China
Aijun Liu: College of Economics and Management, Nanjing Agricultural University, Nanjing 210095, China
Shutao Wang: College of Land Resources, Agricultural University of Hebei, Baoding 071001, China
Abdul Latif: College of Economics and Management, Nanjing Agricultural University, Nanjing 210095, China

IJERPH, 2022, vol. 20, issue 1, 1-16

Abstract: The agricultural sector’s supply-side reform is fundamental to ensuring food security and social stability. This paper uses a comprehensive analysis method to reflect on China’s agricultural reform from 1970 to 2020. We observe that China’s agriculture made significant progress before 2020 due to preferential policies and demographic dividends. This production-oriented mode has led to the co-existence of overstocking, the rapid growth of imports, and ecological degradation. A follow-up survey acknowledged that rural complex is a comprehensive social network with substantial radiant effect involving government-sponsored projects, sector-specific programs, corporate and societal assistance. The sustainable development of the rural complex lies in industrial planning, system restructuring, and institutional arrangement. Therefore, this article anchors its system structure under the ESG principle and green development philosophy. It diversifies the agro-economy to advance digitalization and de-carbonization of the rural economy.

Keywords: ESG; agriculture reform; rural complex; system restructuring; technology innovation; food security; rural revitalization (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
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