Grain Market Reform in China: Global Implications

Summary

The grain marketing system in China has become more competitive over the 1990s and domestic and international prices have become more closely aligned. But despite these reforms, some important issues have yet to be resolved. The purpose of this Report is to document the reforms in grain marketing so far and to identify some of the forces in the political process in China driving those changes. Within that framework we are also able to identify some of the key constraints on reform and key issues in the next stages of reform.