Research on the Influence of "One Belt and One Road" on China's International Exports of Agricultural Products
Download as PDF
Since the reform and opening up 40 years ago, China has quickened the pace of foreign trade, successively joined the World Trade Organization in 2001 and set up China ASEAN Free Trade Area in 2010, showing a more active development momentum. The proposal of "one belt and one road" initiative in 2013 has provided many opportunities for Chinese enterprises to develop export trade. As a large agricultural production country, China has gradually got rid of the production mode of small-scale peasant economy in the process of socialist modernization development, and achieved a new record of annual income. However, with the diversification of production varieties and the expansion of trade scale, the trade protectionism of developed countries has become popular and spread rapidly in the world, especially the global economic weakness caused by the U.S. sub-prime mortgage crisis, which further inhibited the rapid growth of agricultural trade. China's agricultural import and export showed a huge trade deficit, which was only slightly eased after the financial crisis in 2012. The concept of the maritime and land silk economic corridor has connected the trade exchanges between Asia and Europe, once again pushing the development of agricultural cooperation to a new high.
Along the Way, Export of Agricultural Products, Influence Effect