Agricultural Production and Food Consumption in China: A Long-term Projection
Yu Sheng and
Ligang Song ()
No 284803, 2017 ASAE 9th International Conference, January 11-13, Bangkok, Thailand from Asian Society of Agricultural Economists (ASAE)
This paper uses a multi-country and multi-product partial equilibrium model to forecast food supply and demand in China and its impact on food trade in 2050. The model endogenises shifting consumption preferences due to China’s demographic changes and real incomes growth caused by ongoing urbanisation and industrialisation. We show that total food demand in China is doubling by 2050 and its structure will shift towards more luxurious goods, away from necessities. While improved productivity growth will enable domestic production to rise, imports are still likely to play an important role in reducing the “quality” gap in future Chinese food demand.
Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
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Journal Article: Agricultural production and food consumption in China: A long-term projection (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:asae17:284803
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