Don't have an account yet? Get FREE 7-Day Trial
China is the world's largest producer and consumer of agricultural products. In 2010, 38.1% of the nation's 780 million labor force was employed in the agricultural sector, and output of the primary industry grew 4.3% to ¥4.05 trillion, accounting for 10.17% of gross domestic product.
In 2009:
- Grain crops and oil-bearing crops made up 68.7% and 8.61% respectively of total sown area;
- Irrigation area totaled 59.26 million hectares;
- Use of fertilizers totaled 54.04 million tons;
- Agricultural use of electricity totaled 610.44 kW hours;
- Rice output was 195.1 million tons;
- Wheat output was 115.12 million tons;
- Corn output was 163.97 million tons;
- Cotton output was 6.38 million tons;
- Tobacco output was 3.07 million tons;
- Tea output was 1.36 million tons;
- Fruit output was 203.96 million tons;
- Meat output was 76.5 million tons (48.91 million tons of pork);
- Milk output was 35.19 million tons;
- Seafood output was 26.82 million tons.
Severe droughts over recent year, shrinking and polluted arable land and a shortage of potash, a key ingredient for fertilizers, pose a challenge to China's future agricultural development.
The top five mainland-listed agriculture companies by market value are
- Heilongjiang Agricultural Co (SHA: 600598), based in Harbin, Heilongjiang
- Dalian Zhangzidao Fishery Group Co (SHE: 002069), based in Dalian, Liaoning
- Sichuan New Hope Agribusiness Co (SHE: 000876), based in Chengdu, Sichuan
- Fujian Sunner Development Co (SHE: 002299), based Nanping, Fujian
- Beijing Dabeinong Technology Group Co (SHE: 002385), based in Beijing
|
|
@2011 China Economy @ The China Perspective.
HOME