China's agriculture: drivers of change and implications for China and the rest of world |
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Authors: | Jikun Huang Jun Yang Scott Rozelle |
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Institution: | 1. Center for Chinese Agricultural Policy, Chinese Academy of Sciences, Institute of Geographical Sciences and Natural Resources Research, Jia 11, Datun Road, Anwai, Beijing 100101.;2. Freeman Spogli Institute for International Studies, Stanford University, Stanford, CA 94305‐6055, USA.;3. LICOS, Katholieke Universiteit Leuven, Debériotstraat 34‐ bus 3511, B 3000 Leuven, Belgium. |
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Abstract: | The overall goal of this article is to identify major changes in China's agriculture/food economy and their implications for both China itself and, more importantly, to the rest of world. China has become one of the fastest‐growing economies in the world since late 1970s. GDP grew at about 10% annually in the past 30 years. China's experience shows the importance of both domestic and external policies in achieving sustainable growth. The results from this study provide significant policy implications to many countries that are currently China's major trade partners or those seeking greater economic and trade relations with China. The main conclusions on the implications of China's rapid economic growth are that China's growth will provide more opportunities than challenges to the rest of the world, on average. Overall, the rest of the world will gain from China's economic expansion though this general conclusion may not hold for some countries. |
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Keywords: | O13 Q18 China Growth Drivers Global impact Trade model |
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