2019 China Agricultural Economic Development Report and Outlook

In 2019, China's agriculture experienced stable growth, with the living standards of farmers improving and the internal and external market operating environment being generally stable. The value added of the primary industry reached 7.0467 trillion yuan, accounting for 7.1% of GDP. The country also saw significant progress in science and technology, with the contribution rate of agricultural science and technology progress reaching 59.2%. The per capita GDP exceeded 10,000 US dollars, and the national per capita disposable income reached 30,733 yuan. Poverty alleviation efforts were also successful, with 11.09 million rural poverty-stricken people lifted out of poverty. Despite the impact of the African swine fever epidemic, the supply of cattle, sheep, and poultry eggs was adequately affected. China's agricultural trade volume and trade deficit both hit record highs in 2019, with the total import and export of agricultural products reaching US$230.07 billion, up 5.7% year-on-year. The agricultural trade volume between China and the countries along the “Belt and Road” also saw significant growth, reaching US$60.89 billion, a year-on-year increase of 16.5%.