Abstract
In recent years, trade exchanges between China and the United States have become increasingly frequent, especially in the livestock industry, which has been the major trade product between the two countries. By Comparing the production and trade between two countries, this paper reviews the United States domestic support policies and analyzes the impact of those policies and its counter benefits to China. Sino-US pork trade has both comparative advantages and resources endowment advantages, which is in great development potentials. Research finding shows that in the China-US animal husbandry trade, China should moderate imports and use the international market to regulate the supply of animal products, speed up the process of moderate scale and enhance the competitiveness of the industry, improve livestock subsidies to ensure domestic production capacity and guide agricultural enterprises to invest abroad and promote Sino US cooperation in animal husbandry industry. Finally, the author puts forward some suggestions and countermeasures.
Highlights
Animal husbandry is an important component of agriculture in China
Research finding shows that in the China-US animal husbandry trade, China should moderate imports and use the international market to regulate the supply of animal products, speed up the process of moderate scale and enhance the competitiveness of the industry, improve livestock subsidies to ensure domestic production capacity and guide agricultural enterprises to invest abroad and promote Sino US cooperation in animal husbandry industry
The relevant scholars introduced the specific practices of subsidies of animal husbandry in the United States, but few experts combine the domestic supportive policy of American livestock husbandry and the Sino-US bilateral trade in animal products together [1] [2]
Summary
Animal husbandry is an important component of agriculture in China. The 2016 per capita GDP is $8516, per capita; purchasing power parity GDP is $15,424. dollars. The Sino-US trade in animal products is of positive significance It stabilize the supply of domestic animal products, reduce the crowding out of animal husbandry to the resources of grain production, lessen the ecological pressure of livestock farming in production and ensure the national food security as well. The limited natural resources, the ever-rising costs of production and the ever-growing demand of food need to expand the import of meat products and increase domestic supply approximately [4] [5]. The more open and transparent trade policy of livestock products in China is of positive significance for the protection of food safety and the reduction of the prices of domestic animal products. China needs the products from the United States and the latter cannot revolve without Chinese market as well [7]
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