THE FRUITS OF CHINA'S AGRICULTURAL SECTOR'S PREPARATIONS FOR WTO ACCESSION
Key words: China's agricultural sector. WTO, mechanization, food import and export, structure of agricultural production L. A. VOLKOVA Candidate of Economic Sciences Institute of the Far East of the Russian Academy of Sciences China's accession to the WTO (December 2001) was preceded by a multi-year (more than 10 years) and multilateral preparation of the country's economy, including agriculture, for work in the context of market legalization. By the time of joining the WTO, unlike developed countries, not all Chinese enterprises engaged in primary processing of agricultural raw materials had the technical capabilities to control the quality of products at the proper level. In the first years of the country's membership in the WTO, there were 11 thousand enterprises preparing export products. And only about 200 large enterprises, whose production volume was more than $10 million, were relatively well equipped technically. During the entire period after China's accession to the WTO, work was carried out and funds were allocated for new technical equipment for agricultural enterprises. Special attention was paid to food safety issues, and funds were allocated for product quality control. The State Council of the People's Republic of China has issued relevant resolutions and notifications on these matters.1 In general, the preparatory work carried out in China before joining the WTO played a positive role in adapting the country's agricultural sector to the conditions of this international organization, and contributed to the growth of foreign trade in agricultural products. A certain contribution to the development of China's trade cooperation with WTO member countries was also made by the positive results of the development of the agricultural sector during the last decade - 2001-2011. The possibility of increasing the import of individual crops, such as soybeans, helped to meet mainly domestic demand for these products without revising the structure of acreage with ... Read more
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Vietnam Online · 234 days ago 0 135
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Hanoi, Vietnam
05.10.2023 (234 days ago)
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