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

Wen Simei

No 197715, 1989 Occasional Paper Series No. 5 from International Association of Agricultural Economists

Abstract: 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.

Keywords: Agribusiness; Crop Production/Industries; Marketing (search for similar items in EconPapers)
Pages: 6
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaaeo5:197715

DOI: 10.22004/ag.econ.197715

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