MySheen

Agricultural indicators should not be ignored to accurately judge China's economy.

Published: 2024-09-16 Author: mysheen
Last Updated: 2024/09/16, To accurately judge China's economic situation, we must have a comprehensive and profound understanding of the excellent situation of China's agriculture. The overall popularity of the agricultural economy itself is the most direct and effective witness to China's stable economic growth. The good situation of agriculture is not only related to the current economic transformation of China.

To accurately judge China's economic situation, we must have a comprehensive and profound understanding of the excellent situation of China's agriculture. The overall popularity of the agricultural economy itself is the most direct and effective witness to China's stable economic growth. The good situation of agriculture will not only play a strong and solid role in ensuring supply and boosting confidence, but also play an indispensable role in the stability of the world economy.

Recently, due to some downward economic data in the first half of the year, as well as recent stock market fluctuations and other factors, there have been some pessimistic and even pessimistic voices about China's economic situation at home and abroad. Apart from the lack of a comprehensive and in-depth understanding of the fundamentals of China's economic transformation and development, these voices also have an obvious defect, that is, to reduce or ignore the important role of agriculture in China's economy. As a "big guy" in the global agricultural economy, China's agriculture has a very important impact on the global economy. Ignoring agricultural indicators to judge China's economic situation will only be one-sided, superficial and even wrong.

What is the situation of agriculture in China? The answer has an eye-catching word: bright spot. From the spokesman of the National Bureau of Statistics to economists, a common view is that the agricultural situation is a prominent bright spot in China's economic development in recent years. There are a lot of data that reflect this bright spot, in addition to the well-known continued increase in grain production, ensuring that Chinese people's rice bowls are mainly filled with Chinese grain, as well as data on the output of other major agricultural products as well as investment and consumption. For example, in terms of per capita share of major agricultural products, almost all of them exceed or approach the international level. The per capita consumption of vegetables in China is 540 kg, 3.5 times that of the world average; the per capita consumption of fruits is more than 20 kg higher than the world average; and the per capita consumption of poultry and eggs is nearly twice that of the United States and the European Union; the total per capita share of meat, eggs and aquatic products is basically close to that of the United States.

The increase in the output and production capacity of major agricultural products means the increase in agricultural input, the improvement of scientific and technological support, and the growth of major means of production such as agricultural machinery, which in turn directly promotes the growth of other industries and the increase of farmers' income. so that the whole rural production and consumption and living consumption into a new stage. It is an indisputable fact that with the steady progress of agricultural modernization and urbanization, the moderate scale operation of land and the renovation of cultivated land, the orderly transfer of farmers and the construction of small towns, major water conservancy projects and the construction of rural hydropower network, major medical insurance and rural old-age security have been accelerated, and the level of development has been continuously improved, which has not only brought about great changes in the rural environment. It also brings huge investment, employment and consumer business opportunities. In recent years, many enterprises have been transformed into agriculture, and many entrepreneurs have entered the "blue ocean" of agriculture, which is based on the basic judgment that agriculture has broad prospects.

What is more, it should be noted that in the process of China's deep economic transformation and development, agricultural transformation and development is still ahead. The rural reform, which focuses on the reform and innovation of rural land management system and mechanism, has given birth to the improvement of quality and efficiency in the aspects of new business main body, agricultural green growth, agricultural Internet, rural financial reform and so on. The acceleration of rural reform and innovation has broadened the field of agricultural input and gradually transformed the relatively single land input-output in the past into a full-chain and wide-field input-output pattern. at the same time, the weight gain of green development promotes the increase in the proportion of science and technology input, information input, seed input and environmental input, which makes the endogenous driving force of agricultural sustainable development more powerful. Thus form a broader, stronger pull and boost to economic development.

Of course, the proportion of agriculture in GDP is not high, which is the general law of economic development. However, as a country with the largest agricultural population in the world, the proportion of agriculture is not high, which precisely shows that the primary, secondary and tertiary industrial structure of China's economy is more coordinated, and the overall popularity of the agricultural economy itself is the most direct and effective witness of stable economic growth. The good situation of agriculture will not only play a strong and solid role in ensuring supply and boosting confidence, but also play an indispensable role in the stability of the world economy. If China's agriculture is poor, there will be panic in global agriculture. Therefore, to accurately judge China's economic situation, we must have a comprehensive and profound understanding of the good situation of China's agriculture, so as to grasp the overall situation and take advantage of the situation.

 
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