Trade Environments of Chinese Farmers in the Globalization System and Countermeasures

Renwu Tang

Chinese Economy, 2008, vol. 41, issue 4, 23-36

Abstract: Ever since China's joining the World Trade Organization (WTO) and integration into the globalization system, Chinese farmers have faced tremendous challenges. With the pressure in farm produce imports, the drop in prices, increase in trade deficits, and rise in unemployment rates, Chinese farmers are becoming less and less competitive in the global market. Chinese farmers are now faced with an increasingly unbalanced trade environment and a formidable gap with developed countries in terms of resources. The dualistic structure results in a systematic congenital deficiency for farmers, and trade protectionism on the part of developed countries adds to their miseries. Due to delay in the direct or indirect influence of joining the WTO and a series of countermeasures adopted by the Chinese government, Chinese farmers who are inured to severe hardship have not felt the impact of such a shock wave as yet. But this does not mean that there will be no impact. In order to fundamentally solve the problems faced by Chinese farmers, we must adopt a multifaceted approach of "combination blows" which not only put in place stopgap measures but also effect a permanent cure.

Date: 2008
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