Agriculture Reference
In-Depth Information
Figure 11.3 China's agricultural imports by category, 1992-2005 (at
constant 2000 US$ prces)
28000
Horticultural Products
Processed Agrcultural Products
Anmal Products
Raw Materials for Textiles
Cereals, Vegetable Oilseeds, Vegetable Oils
26000
24000
22000
20000
18000
16000
14000
12000
10000
8000
6000
4000
2000
0
1992 1993 1994
1995
1996
1997 1998 1999
2000
2001
2002 2003 2004
2005
Year
Sources:
Data from 1992 to 2004 are from United Nations Statistics Division,
Commodity
Trade Statistics Database
, COMTRADE. http://unstats.un.org/unsd/comtrade/default.aspx.
Data for 2005 are from China General Administration of Customs (various issues, 2005).
Zhongguo Haiguan Tongji Yuebao
[China Customs Statistical Monthly Report], Zhongguo
Haiguan Chubanshe, Beijing.
imports of cereals. Wheat import rose to above US$2 billion in 1995-96
because of a sharp increase in China's domestic grain prices in 1994. However,
from 1997 to 2003 wheat imports declined to reach their lowest level of
US$0.07 bllon. The declne n wheat mports durng ths perod was manly
caused by consecutve bumper domestc harvests from 1996 to 1999. After
2000, grain production in China declined and government had to use state
grain reserves to fill the gap between demand and supply. In late 2003,
Chna's domestc gran prces began to ncrease sharply. In 2004 the Chnese
government implemented a series of policies, including subsidies to farmers
and gradually abolishing agricultural taxes,
6
wth the am of ncreasng gran
production and farmers' incomes. At the same time, China began to increase
