By Albert J. Nyberg, Scott Rozelle
"...two matters stay relevant to the [Chinese] government's rural improvement pursuits: meals protection and poverty relief. China has made awesome growth in assembly those ambitions: the financial system, together with the agricultural quarter, has grown at extra special premiums throughout the reform period." whereas China's rural items, enter, hard work, and land markets are bettering, they continue to be nascent. China nonetheless must foster numerous serious associations, resembling a good economic procedure, a extra effective rural economic system, a viable land tenure association, and a made over exchange and funding surroundings for agriculture. the first goal of this document is to spot and consolidate details on those an important matters that impression on rural improvement in China. This document assesses strategic suggestions from the point of view of potency, equitable improvement, and progress. it truly is meant to help executive officers and international financial institution employees to prioritize coverage and institutional reforms and public funding judgements within the rural region.
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Additional resources for Accelerating China's rural transformation
The report benefits from discussions with staff of various international organizations (International Food Policy Research Institute and Asian Development Bank), international nongovernmental organizations (Ford Foundation), and bilateral agencies (Economic Research Service, United States Department of Agriculture). The report includes ideas generated during discussions and interviews with numerous Chinese and international scholars, particularly those associated with Chinese research institutions.
However, little nationwide quantitative assessment of the extent and severity of natural resource and environmental problems has been conducted. The natural resource base suffered from widespread deforestation and pasture conversion to cultivated land, leading to serious erosion problems during the 1950s and 1960ssituations that were reversed in the 1980s and 1990s. The evidence on environmental degradation is ambiguous; statistical data indicate that forest cover is increasing and sediment traps along the Yellow River have reduced sediment concentrations by 25 percent in the lower reaches.
International grain prices are expected to continue their long-term decline, although short-term volatility is likely. International grain reserves exceed 100 million tons, and the major grain-exporting countries could rapidly produce and export much larger volumes if a steady growth in export demand were anticipated. China also has the infrastructure and bureaucratic expertise to run an effective buffer-stock system as part of its domestic marketing strategy. This system could also be used in conjunction with imports to buffer domestic prices.