China's 10-year old wheat futures market, the China Zhengzhou Commodity Exchange (CZCE) has been in stable development since establishment and is expected to be integrated to the world market after China joined WTO. This paper compares the price behavior of CZCE with that of the Chicago Board of...

China has embarked on a major program to modernise agricultural and agribusiness structures with far reaching implications for rural development, international competitiveness / trade and food safety. There are, however, few studies that examine in detail how the modernisation program has...

This paper examined China’s agricultural imports in regard to income growth, import price changes, and tariff reductions due to China’s trade liberalisation. More specifically, it attempted to model behavioural relationships in the agricultural trade between China and the EU by using annual...

This article analyses the impact of a water allocation priority policy for a specific crop on farmers’ acreage allocation to different crops. To accomplish this, a system of crop acreage demands conditional on output yields, prices of variable inputs and levels of quasi-fixed inputs is...

The remarkable economic changes occurring within China since 1978 have resulted in a striking alteration in food consumption patterns, and one marked change is the increasing consumption of meat. Given China’s large population, a small percentage change in per capita meat consumption could...

The purpose of this study is to assess the potential of clustering in the development of agriculture and rural communities in China. We shall examine in detail the food industry, which is the link in the food chain that propels the industrialization of agriculture, and identify instances of...

Previous studies commonly assume that the effects of introducing and ending cereal price subsidies on the poor’s nutrient intakes are symmetric. We question the assumption of symmetry and show that the poor’s nutrient intakes respond asymmetrically to declines and increases in the price of...

The historical development and performance of rural supply and marketing cooperatives (SMCs) in China are examined and linked to various reform periods. SMCs suffered a loss of focus on members as well as member control during several periods of reform and experienced declining financial...

Demand for livestock products in the past three decades has increased rapidly, especially in developing countries. This increase has resulted in, and will continue to cause, increased demand for feed. This paper examines existing projections of global feed demand and supply with an emphasis on...

In the past China has been self-sufficient in beef products, but, with a dramatic increase in consumer spending on food, demand for beef, which is seen as a novel and nutritious food, has grown. By employing a partial equilibrium model and sensitivity analysis under different scenarios, this...