Analysis of the Agricultural Subsidy Policy to Be Conducive to Food Security

Abstract

China formulated a systematic and comprehensive agricultural subsidy policy at the beginning of the 21st century. Under the guidance of the policy, China's grain production has significantly improved. Nevertheless, with the emergence of factors such as the irrational supply structure of staple crops, the rise in importing cost of agricultural products, the chemicalization of grain production, and the degradation of agricultural resource carrying capacity, China's food security is under potential threat. Previous studies show several main factors, among which agricultural subsidy policy is vital for solving food security issues. Therefore, this study will analyse the current policy situation from the perspective of food security and policy suggestions. In terms of subsidy innovation, it is suggested to adjust the focus on subsidies based on a comprehensive concept of food security and increasing support for sustainable agricultural development and technology. The policy recommendations proposed in this paper are also consistent with agricultural development trends.