Agriculture and Economy

By Thomas Fisher Rare Book Library (Flickr.com)

I am going to write blogs on agriculture and economy in China and the world in this semester.

I am really excited about it! Agriculture is an industry so important for the world economy and for China, but it never comes to my mind before. A totally new topic for me. I love the feeling of exploring a new field that I never know.

I am going to focus on the undeveloped agriculture in China and its counterpart in the United State. Why does China still need to import wheat, rice, corns from the United States and other countries, while there are nine hundred millions farmers and plenty of farming lands in China? why the rural area in China is so undeveloped while the big cities like Beijing and Shanghai are rich enough to complete with New York?

Another issue I am interested in is open market’s impacts on Chinese agriculture after China joining  WTO in 2001. What are the trends of  food export and import during the nine years? What role does Chinese agriculture play in the international market?

So many issues come to my mind, I just can not wait to know everything.

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China Vs America

It is an interesting way to compare China with United States. See a graphic made by mint.com.

It shows that the government revenue in China is much lower than in United States. Maybe that is one of the reasons why corruptions widely happen in China. When government officials cannot be satisfied from their salaries, their political power becomes more useful, especially in a society that the legal supervision system hasn’t be developed yet.

We can also see that the industrial productions growth rate in China is much higher than in the United States. But China’s electricity, oil and natural gas productions are all lower than America’s. It means China should pay more attention to its energy industry, which are the foundation of the whole society.

 

 

 

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