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PostPosted: Sun Aug 12, 2018 7:45 pm    Post subject: An increase in Wholesale MLB Jerseys From China Reply with quote

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MONEY is driving people from farms and villages to cities in massive numbers in search of work.


But rural Chinese who stay behind amid the country’s biggest economic migration in history aren’t necessarily financially worse off. According to renowned agricultural expert and economist Chen Xiwen, the average net annual income of rural Chinese has increased to 12 Cheap DeAndre Hopkins Jersey ,336 yuan (US$1,858) last year from 2,220 yuan in 2003.


Even if we factor in inflation and across-the-board labor cost increases, this income growth is still impressive.


Chen, director of the Office of Central Rural Work Leading Group Cheap Duane Brown Jersey , says the growth figures are a big solace, but that should not lull us into complacency, for Chinese agriculture is facing major challenges.


During a recent talk at a forum hosted by Fudan University, Chen cited earlier remarks by President Xi Jinping in arguing that the main challenge to Chinese agriculture is no longer the scarcity of provision; instead, it is the “structural conflict” observed in the demand-supply equation of certain types of grains. For example Cheap J.J. Watt Jersey , domestic demand for soya beans has remained brisk, yet supply has been caught in a spiral of decline.


To meet demand, a large quantity of beans has to be imported. Chen says that last year alone, China imported about 84 million tons of soya beans, accounting for roughly two thirds of global supply.


By contrast Cheap Deshaun Watson Jersey , China’s domestic soya bean output totaled only 12 million tons. So China depends on the world for nearly 90 percent of its soya beans, Chen notes.


Another illustration of the “structural conflict” is the growing corn inventory. Although the corn output last year — about 225 million tons — topped that of the two other staple grains, wheat and rice, most of it ended up in warehouses. Foreign-produced corn had to be imported to meet demand, says Chen.


Many things are to blame for this “structural conflict Wholesale Houston Texans Hats ,” but Chen believes that they invariably come down to the same conclusion: the quality and competitiveness of Chinese produce and agricultural production as a whole leaves much to be desired.


And this is a thorny issue that must be addressed if further agricultural development is expected, he adds.


In response to some observers’ proposals that China import more agricultural products instead of producing more at a higher cost, Chen says this sounds plausible but will prove problematic.


Over the past 10 years, the global annual grain exports have hovered around 350 million tons, which converted to the Chinese unit of measurement jin equals 700 billion jin. This fell far short of China’s annual demand of 1 Wholesale Houston Texans Hoodies ,300 billion jin of grains.


Chen said even if China’s massive foreign exchange reserves can fund imports, demand still outstrips supply. Moreover, unrestricted importing could have negative political implications.


An increase in China’s demand will inevitably disrupt the established order of global grain trade, contributing to higher prices. In this scenario, the world will again be rife with conspiracy theorists blaming China’s “gluttony” for some countries’ food woes Wholesale Houston Texans Shirts , Che. Wholesale Jerseys Wholesale Jerseys Wholesale MLB Jerseys From China Wholesale NHL Jerseys From China Wholesale New NBA Jerseys Wholesale MLB Baseball Jerseys Cheap Jerseys Cheap College Football Jerseys Cheap NFL Jerseys Cheap NBA Jerseys
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