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Down on the Farm: Agriculture in China Today

February 6, 2017 By Tom Nunlist

Over the past two decades, China’s urban population growth has been higher than in the rest Asia or the world as a whole. Young people are migrating to cities, leaving the elderly and children back home on the farm. So as manufacturing and urban life took off, catapulting China to world-power status, rural China and farming lagged behind. Roughly 86% of farms in China were only 1.6 acres, a tiny fraction of the size of the average 441-acre US industrialized farm and most of the work on these small farms is done by hand by an increasingly elderly population of farmers who now average over 50 years old. But that is starting to change.

Filed Under: Agriculture, All Articles, Chinese Economy, Know China Tagged With: Agriculture, Farmland, Food Security, Structural Reform

The Role of Land Sales in Local Government Financing in China

September 3, 2014 By Major Tian

Land sales contribute significantly to local government financing in China as well as provincial GDP targets. But this is both unsustainable and problematic. A look at the situation and the kind of reform that needs to kick in. Last month, China launched a national audit of the “land-transferring fees” collected by local governments in the […]

Filed Under: All Articles, Conversations, Environment, Know China, Policy and Law, Q&A, Real Estate, Videos Tagged With: Farmland, GDP Growth, Housing, Local Government, Property Tax, Shadow Banking, Slider, Urbanization

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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