By Jin Sanlin, Research Department of Foreign Economic Relations, DRC & Han Yang, Research Department of Rural Economy, DRC

Research Report, No.20, 2021 (Total 6085) 2021-2-22

Abstract: Since the implementation of reform and opening-up, China has witnessed swift progress made in agricultural sector by way of introducing foreign investment. For future development and in light of further introducing foreign investment for agricultural sector, we need to construct a new economic system with high-level opening up and forge ahead the high-quality development of agricultural sector in a bid to satisfy people’s demand for a good living. To adapt to the new landscape, we need to take the enhancement of agricultural modernization as the major task and the improvement of high-quality development of agriculture and people’s living standards as the guideline. Through further introducing foreign investment, we need to focus on the promotion of agricultural productive services, green development of agriculture and rural areas and the quality improvement of agricultural products. We need to advance agricultural opening-up at a higher and deeper level, further flesh out investment environment and encourage investment facilitation. In addition, we need to proactively utilize bilateral and multilateral negotiations to push ahead with investment and cooperation in agricultural sector, promote the capability of formulating and utilizing international rules and regulations and consummate safety auditing and supervising mechanism so as to better plan opening-up and industrial safety as a whole.

Keywords: agriculture, introduce foreign investment, key areas, policy options