Agricultural Policy Monitoring and Evaluation 2021
Addressing the Challenges Facing Food Systems
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This annual report monitors and evaluates agricultural policies in 54 countries, including the 38 OECD countries, the five non-OECD EU Member States, and 11 emerging economies. The report includes country specific analysis based on up-to-date estimates of support to agriculture that are compiled using a comprehensive system of measurement and classification – the Producer and Consumer Support Estimates (PSE and CSE) and related indicators. This year’s report focuses on policy responses to the COVID-19 pandemic and analyses the implications of agricultural support policies for the performance of food systems.
Also available in: French
China
The share of support to agricultural producers in gross farm receipts in the People’s Republic of China (hereafter “China”) decreased gradually since 2016 after two decades of steady growth. This support averaged 12.5% in 2018-20, reflecting policy reforms with respect to market intervention for soybeans, rapeseed, cotton and maize, as well as to the minimum purchase price for wheat and rice. The nominal depreciation of the CNY against the USD since 2014 (after a long period of appreciation) is another factor influencing the evolution of price gaps and contributing to stabilising levels of market price support (MPS) in recent years. Payments based on planted area have consistently increased since 2014 as a result of the recent reforms, but MPS remains the dominant part of total support, generated through both domestic price support policies and various border measures on imports. Overall, more than two-thirds of support to producers are in the form of potentially most-distorting transfers, a consistent pattern since 2000-02.
Also available in: French
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