Current Situation and Transformation Strategy of China’s Agricultural Trade under the Belt and Road Initiative
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DOI: 10.23977/ICEMGD2020.009
Corresponding Author
Yu Chen
ABSTRACT
The Belt and Road Initiative is a major strategy under the new normal of China’s economy, and it is also an important measure to expand opening up to the world and promote foreign trade. Along the Belt and Road are rich agricultural resources and plenty of great agricultural countries. Agricultural cooperation with foreign countries is an important part of BRI and has brought unprecedented chances and challenges. In order to better adapt to the changes of agricultural trade pattern and seize the opportunity of the times, this article first analyzed current situation and future development of agricultural trade between China and countries along the Belt and Road, based on related materials and large amount of data analyses. Considering trade background, opportunities and challenges of international agricultural trade of China is discussed in depth, according to which the article gives suggestions for speeding up agricultural transformation and development in the new period.
KEYWORDS
Belt and Road, agricultural trade, transformation strategy