For the previous 17 years, China has imported extra agricultural merchandise than it has exported. Finding methods to enhance the export competitiveness of its agricultural merchandise has been a urgent problem for China because it joined the World Trade Organization (WTO) in 2001. To date, analysis into the problem has largely centered on the macro perspective; little analysis has been performed from a micro standpoint.
In a study printed within the KeAi journal Regional Sustainability, Yulin Long, a Master’s scholar at Ukraine’s National Technical University “Kharkiv Polytechnic Institute”, measured and analyzed the international competitiveness of six of China’s consultant agricultural merchandise.
According to Long, agriculture is the muse of China’s national economy, and the event degree of its agricultural sector is carefully associated to folks’s residing requirements and the event of different industries. However, “becoming a member of the WTO put nice strain on China’s export of agricultural merchandise. At the identical time, new commerce safety measures adopted by many nations intensified the challenges that China faces.
“Finding ways to improve the international competitiveness of its agricultural products while maintaining the sustainability of its agricultural sector in an increasingly open environment is a practical, and very urgent problem confronting China.”
In Long’s research, two analysis indices—the commerce competitiveness (TC) index and revealed comparative advantage (RCA) index—had been used to measure and analyze modifications within the competitiveness of six of China’s frequent agricultural export merchandise between 1994 and 2013: dwell pigs, dwell chickens, dwell cattle, apples, tea and beer.
Long explains that “these products are very popular in daily life; for example, apples, tea and beer are consumed around the world. The study results show that the export competitiveness of China’s agricultural products is weak and likely to deteriorate further. However, some traditional agricultural products with distinctive regional characteristics; for example, tea and live pigs, are relatively strong internationally.”
She concludes that “in order to improve the export competitiveness of agricultural products and promote sustainable agricultural development, we recommend that China focuses on producing and trading in traditional agricultural products with distinctive regional characteristics. It should also focus on taking comprehensive measures to enhance the international competitiveness of disadvantaged agricultural products; for example, by cutting the export costs of agricultural products, accelerating agricultural technological innovation, and implementing agricultural policy support.”
Yulin Long, Export competitiveness of agricultural merchandise and agricultural sustainability in China, Regional Sustainability (2021). DOI: 10.1016/j.regsus.2021.09.001
Study proposes a two-step plan to fight China’s waning agricultural exports (2021, November 23)
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