Sannong China (Issue 2, Total No. 2, January 2004)

Author: He Xuefeng, Editor-in-Chief
Publisher:
Publish Date: 2004-02-01
Features: Currently, the (agriculture, rural areas, and farmers) issue in China is very prominent. The core of the issue is the income of farmers, and how to increase farmers' income has become a focal point for all sectors. China has joined the WTO, and according to the WTO's yellow box policy, the government's income subsidies for farmers can reach 8.5% of agricultural output value. Currently, the government's yellow box policy subsidies account for only 3.3% of the total agricultural output value in China, meaning there is still a 5.2% subsidy space available. Many domestic colleagues advocate making full use of this policy.