Expanding effective demand for agricultural products and achieving a high-level supply-demand balance are fundamental to maintaining agricultural prices at reasonable levels. The "Rural Green Paper: Analysis and Forecast of China's Rural Economic Situation (2025-2026)" emphasizes that sustaining agricultural prices at appropriate levels requires strengthening counter-cyclical adjustments and establishing long-term safeguard mechanisms. This involves coordinated efforts across production and consumption, domestic and international markets, focusing on income protection, production capacity regulation, trade coordination, and quality improvement to provide solid support for stable agricultural production, supply, reasonable pricing, and sustained farmer income growth.
Regarding mechanism development, the Green Paper's research team recommends enhancing the effectiveness of agricultural support and protection policies while improving income security mechanisms for grain farmers. This includes strengthening expectation management for grain farmers, reasonably setting and timely announcing minimum purchase prices for rice and wheat, consistently implementing subsidies for cultivated land fertility protection, corn and soybean producer subsidies, and rice subsidies. Additionally, it is crucial to enhance market monitoring, early warning, and information dissemination for agricultural products, coordinate market-based purchases with policy-driven stockpiling, and leverage policy stockpiling to stabilize and regulate markets.
Furthermore, the paper calls for precise regulation of hog production capacity to consolidate the achievements in alleviating difficulties in the livestock industry. This involves establishing a mechanism combining hog capacity regulation with registration management, implementing annual production registration for leading breeding enterprises, orderly controlling the inventory of breeding sows, guiding rational slaughtering by enterprises, and promoting stable recovery in hog market prices.
Additionally, it is important to appropriately manage the timing and scale of imports for key agricultural products such as soybeans, the three major staple grains, and beef to mitigate risks of imported products impacting domestic prices. Efforts should also focus on promoting variety cultivation and brand development to stimulate new momentum in agricultural product consumption, fostering a group of trusted premium agricultural brands to drive consumption of branded products.
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