Repositioning fertilizer manufacturing subsidies for improving food security and reducing greenhouse gas emissions in China

China removed fertilizer manufacturing subsidies from 2015 to 2018 to bolster market-oriented reforms and foster environmentally sustainable practices.However,the impact of this policy reform on food security and the environment remains inadequately evaluated.Moreover,although green and low-carbon technologies offer environmental advantages,their widespread adoption is hindered by prohibitively high costs.This study analyzes the impact of removing fertilizer manufacturing subsidies and explores the potential feasibility of redirecting fertilizer manufacturing subsidies to invest in the diffusion of these technologies.Utilizing the China Agricultural University Agri-food Systems model,we analyzed the potential for achieving mutually beneficial outcomes regarding food security and environmental sustainability.The findings indicate that removing fertilizer manufacturing subsidies has reduced greenhouse gas(GHG)emissions from agricultural activities by 3.88 million metric tons,with minimal impact on food production.Redirecting fertilizer manufacturing subsidies to invest in green and low-carbon technologies,including slow and controlled-release fertilizer,organic-inorganic compound fertilizers,and machine deep placement of fertilizer,emerges as a strategy to concurrently curtail GHG emissions,ensure food security,and secure robust economic returns.Finally,we propose a comprehensive set of government interventions,including subsidies,field guidance,and improved extension systems,to promote the widespread adoption of these technologies.

Ten Top "Foreign-Funded" Pharmaceutical Enterprises

The first session of the appraisal campaign, which lasted seven months, for choosing ten top "foreign-funded" pharmaceutical enterprises nationwide concluded on June 21. The State Pharmaceutical AdminiStration issued award certificates to the ten "foreign-funded" pharmaceutical enterprises which had won the honour of the best ten title headed by Xian-Janssen Pharmaceutical Ltd. This is the first large scale comprehensive appraisal of business scale, economic results and product status of the "foreign-funded" pharmaceutical enterprises all over China, aiming

Foreign-funded“Double Excellence Enterprise”——Anhui South Textile Co.Ltd.

The Anhui South Textile Co.Ltd.,established in September 1992,is a Sino-foreign cooperative enterprise,stock-held by Anqing TextileFactory.It has a total investment of RMB 16.5 million,registered capitalof RMB 11.55 million,with 25.3 percent shared by the foreign side.Mainproducts include combed yarn under 100s. Since its operation,the company,by making full use of its advantages—having an annual export quota for cotton yarn of 9000 pieces,preferential policy,new equipment,strong ability for high grade

New Development of Foreign-Funded Enterprises

Since 1979, China’s foreign capital utilization has made renewed progress in a steady sound way, invigorating China’s social progress and economic prosperity. The year 1994 witnessed 47,390 foreign-funded projects approved in China with direct foreign investment reaching US$33.8 billion, some 22.8 percent higher than in the previous year. By April 1995 from 1980, there were 230,000 foreign-funded projects approved with contractual foreign investment exceeding US$300 billion and actually about US$104

Yancheng Develops Foreign-funded Enterprises

Yancheng City, once neglected by investors, has become the focus of foreign investment in recent years. Beginning in 1987 and to the end of 1993, Yancheng had set up 875 foreign-funded enterprises, making use of US$226 million in foreign capital—530 of them approved last year alone with foreign capital worth US$109 million. Those in operation rank among the most advanced foreign-funded enterprises in Jiangsu Province and the country.

Property Assessment for Foreign-Funded Enterprises

Along with the further development of China’s openness and continual improvement of its investment environment, more and more foreign investors are coming to China. Foreign capital, advanced technology and equipment and scientific management can boost China’s economic development.

New Regulations on the Supervision of Foreign-funded Banks in China

Foreign banks have achievedremarkable development in China since theintroduction in 1980, and so far there are 135institutions doing business in our country.With the increasing number of foreign-fundedfinancial institutions and the developmentof their businesses, China has made someadjustments to its policies and laws governingforeign banks in recent years, which aredemonstrated in the following aspects.Ⅰ Regions: In August, 1994, 11 cities wereapproved to set up business institutions offoreign banks. So far, the number of suchcities has increased to 24, as follows: Beijing,

How to set up a foreign-funded or Chinese-foreign joint venture financial institution in Shanghai

If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for more than two years, and general assets at the end of the previous year should not be less than US $ 10 billion. The country or region you are residing in should have

Application Procedures——for Establishing Chinese-foreign Joint(Co-operative)Ventures or Foreign-funded Enterprises in Sichuan Province

1. On Chinese-foreign joint (co-operative) ventures(1) The conclusion of the letter ofintent on joint investment (co-operation) bythe Chinese and foreign parties.(2) New construction projects shall besubmitted to the provincial PlanningCommission for ratification; technicalinnovation projects shall be submitted to theProvincial Economic Commission forratification.(3) The contracting parties shall register thename of the joint venture with the provincialAdministration for Industry and Commerce.

Influence mechanism of government subsidy on the green transformation of coal company in China

The optimization of government subsidies to enhance the efficiency of coal companies’green transformation constitutes a critical component in the pursuit of global sustainability.We investigate the influence mechanism of government subsidies on the green transformation using data from the listed coal companies in China from 2007 to 2022.According to our findings and hypothesis testing,previous government subsidies did not have a significant direct impact on coal companies’green transformation.Nevertheless,government subsidies can help coal companies transition to greener practices by promoting innovative green initiatives.Furthermore,we confirmed an indirect route:that government subsidies enable the adoption of low-carbon initiatives,which in turn could facilitate the transition of coal companies towards green practices.In addition,we discovered that the coal company’s digitization will improve this indirect route.Thus,we propose increasing the effectiveness of government subsidies in facilitating coal companies’transition to green practices by focusing on technological advancements and enhancing company digitalization.

Carbon Abatement Cost-Sharing Strategy for Electric Power Sector Based on Incentive and Subsidy Mechanisms

The green and low carbon transition and development of the electricity industry is the most crucial task in realizing the“dual-carbon target”,and it is urgent to explore the incentive and subsidy mechanism to promote green electricity consumption and the cost-sharing strategy of carbon reduction,to alleviate the pressure of carbon abatement cost of each subject of the electricity supply chain.Against this background,this paper takes into account the low-carbon subsidies provided by the government and the incentive subsidies for users,and studies the optimal decision-making of each subject in the electricity supply chain,so that each of them can obtain the optimal profit and achieve carbon emission reduction at the same time.Firstly,taking into account the direct power purchase mode of large users and the electricity-selling companies emerging after the reform of the power sales side,we have established a cooperative mechanism for sharing the cost of carbon emission reduction in the electricity supply chain and clarified the relationship between the supply and demand of electricity among the main parties.Subsequently,considering government low-carbon subsidies and user incentive subsidies,the optimal decisionmaking model is established under two scenarios of decentralized and centralized cooperative games in the supply chain,respectively,with the objective of maximizing profits and carbon reduction rates.Solving for the optimal proportion of carbon abatement costs shared by each participant in the electricity supply chain in achieving game equilibrium.Finally,we analyze the role of the government’s low-carbon subsidies,users’incentive subsidies,and other factors on the profit and carbon reduction effect of the electricity industry through the example analysis and further analyze the impact of carbon abatement cost-sharing measures to provide recommendations for the electricity industry to realize low-carbon abatement and make decisions.

R&D subsidy policy of domestic firm considering foreign firm competition

Taking the advanced technology of the foreign firm into account, a mixed duopoly three-stage game model is established in the context of research and development（RD）investment subsidies and product subsidies for domestic firms provided by the government, and the RD subsidy policy of domestic firms in competition with foreign firms is analyzed.The equilibrium output, RD investment of the domestic firm, social welfare and the value of government subsidies are derived, in the case of the two policies, RD investment subsidies and product subsidies for domestic firms, provided by the government. The results show that, the equilibrium output and the optimal social welfare under the RD investment subsidy policy are both less than those under the product subsidy policy; the optimal RD investment under the RD investment subsidy policy is less than that under the product subsidy policy; and the RD product subsidy has a more obvious incentive effect on firm RD investment. Under the background of the leading edge of technology of foreign firms, the product subsidy policy drawn up by the government to encourage RD innovation of domestic firms is more effective than the RD investment subsidy policy.

Crop Insurance, Premium Subsidy and Agricultural Output

This paper studied the effects of crop insurance on agricultural output with an economic growth model. Based on Ramsey-Cass-Koopmans （RCK） model, a basic model of agriculture economic growth was developed. Extending the basic model to incorporate uncertainty and insurance mechanism, a risk model and a risk-insurance model were built to study the inlfuences of risk and crop insurance on agricultural output. Compared with the steady states of the three models, the following results are achieved：（i） agricultural output decreases if we introduce uncertainty into the risk-free model;（ii） crop insurance promotes agriculture economic growth if insurance mechanism is introduced into the risk model;（iii） premium subsidy constantly improves agricultural output. Our contribution is that we studied the effects of crop insurance and premium subsidy from the perspective of economic growth in a dynamic framework, and proved the output promotion of crop insurance theoretically.

Evolution,Problems and Countermeasures of China's Subsidy Policy for Agriculture

China's agricultural subsidy policy experiences three development stages. Detailed summing up is carried out for achievements of each stage. On the basis of this, this paper discusses problems existing in current agricultural subsidy policy, including high operational cost, out of balance of subsidy structure, little subsidy effort, lack of effective supervision and vacancy of benefit safeguarding mechanism. Finally, it presents suggestions for optimizing China's agricultural subsidy policy, such as regulating direction of agricultural policy, strengthening subsidy effort, taking full advantage of WTO rules, perfecting agriculture-related systems, and establishing and perfecting legal system to support agriculture.

Empirical Analysis of China's Direct Food Subsidy Policy Based on DEA Model: A Case Study of Direct Food Subsidy Policy in Shandong Province

The direct food subsidy is an important agricultural subsidy policy under current conditions,more efficient than grain price protection policy and other policies,and it is of great importance to the agricultural development,but this policy will not meet the interests of society in the long run. In this paper,we make an empirical study with the direct food subsidy policy in Shandong Province as an example,focusing on the analysis of the efficiency of policy implementation in different regions. Study suggests that direct food subsidy has made some achievements,but there are some problems in practice,such as low standard for direct food subsidy policy,less subsidy varieties,generally low efficiency of direct food subsidy policy,lack of unified policy implementation,serious waste of money and inefficient supervision during the subsidy policy implementation process. In order to improve the efficiency of direct food subsidy,it is necessary to raise standard for subsidy,and expand the scope of subsidy varieties; unify the policy,and make the policy suit local circumstances; improve the subsidy mechanism,regulate government behavior,and strengthen supervision.

Subsidy Policy System for Agricultural Natural Disasters in China

From theories and cases,this paper analyzed current situation of subsidy policy system for agricultural natural disasters in China.Improvement and perfection of subsidy policies for agricultural natural disasters need clear classification and additional special subsidy plan.It is recommended to improve and perfect subsidy policy system for agricultural natural disasters through attaching importance to scientific studies on reduction and prevention of agricultural disasters and gradually supplementing agricultural disaster reduction and prevention system.