Abstract

The agricultural economy, as an integral branch of the global economy, covering the whole supply chain of agricultural production including cultivation, processing, distribution and consumption, is of great importance to realizing a sustainable circular economy and ecological development. As a traditional agricultural country, China has experienced a series of problems such as a serious waste of resources and a fragile ecological environment during its agricultural economic development. With the background of “the Belt and Road Initiative”, major progress has been witnessed in both ecological development and agricultural circular economy in China. However, the development of circular agriculture in China has to deal with barriers from different stakeholders. This research identifies critical barriers for the government, farmers, and the enterprises to develop circular agriculture. The causal factors, effect factors, and the center of factors are identified and the correlation between the barriers is described using the Gray-DEMATEL method. Based on the analysis results, several policy suggestions are proposed for the government. This paper provides a feasible framework for decision-making to support the development of a sustainable circular economy in agriculture in China.

Highlights

  • Since the 21st century, global problems such as climate change, natural resources shortage, and environmental pollution have been deteriorated [1]

  • Some researchers have explored methods to measure the efficiency of the agricultural circular economy

  • The author offers four suggestions to improve the efficiency of the agricultural circular economy: reduce the amount of material needed for agricultural production and improve resource utilization efficiency; develop a cycle production mode combining agriculture and livestock; improve the incentive mechanism for the development of an agricultural circular economy; and broaden financing channels

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Summary

Introduction

Since the 21st century, global problems such as climate change, natural resources shortage, and environmental pollution have been deteriorated [1]. The Chinese “13th five-year plan” has put forward that China will continue to conserve resources and protect the environment, accelerate efforts to build a resource-conserving and environment-friendly society, pursue green, circular and low-carbon development, create a new pattern of modernization featuring harmonious development between human beings and nature, and promote ecological progress and other basic state policies [7]. Through “One Belt and One Road” financial organizations such as Asian Infrastructure Investment Bank, a green technology innovation fund can be set up to mainly support the research and development, promotion and achievement transformation of green, environmental protection and practical technologies. According to the Environmental Monitoring Center, 70% of the surface water resources in Henan Province fail to meet the national water standard, especially some heavily polluted water sources could not be used in irrigation It sees an urgent and necessarily need to promote the development of a circular agriculture in Henan [14].

Literature Review
Development Strategy and Mode of an Agricultural Circular Economy
Evaluation of the Efficiency of the Regional Agricultural Circular Economy
Barriers to the Agricultural Circular Economy
Barriers from The Government
Barriers From Farmers
Barriers From Enterprises
Gray-Dematel Method
B10: Farmers do not make good use of the green financial policy
B16: An imbalance between market supply and demand exists
Gray-Dematel Analysis
B2 B3 B4 B5 B6 B7 B8 B9 B10 B11 B12 B13 B14 B15 B16
B14 B15 B16
Sensitivity Analysis
Conclusions and Suggestions

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