China's Agricultural Restructuring and System Reform under its Accession to the WTO

Abstract

This paper first introduces the economic reforms and structural adjustment in China's agriculture, and then examines the possible impact of China's accession to the WTO on China's agriculture. By reviewing the studies on the impact of WTO accession on China's agriculture, the paper summarises that both challenge and opportunity exist for China's agriculture after WTO accession. However, it argues that in the short term challenge is greater than opportunity, and the challenge is real and imminent, while opportunity can only be grasped through strenuous efforts. Therefore, the challenges facing China's agriculture after WTO accession are examined and relevant policy choices are proposed.