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| Development of China's rapeseed industry under the background of Sino-US trade conflicts |
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| DOI：10.12166/j.zgyz.1003-7969.2019.09.001 |
| KeyWord:Sino-US trade conflict import rapeseed industry development |
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| Abstract: |
| Based on the Sino-US trade conflict, the problems and significance of Chinas rapeseed industry development were sorted out to explore a feasible way for the future development of rapeseed industry. In 2018, in response to the US governments use of Section 301 to impose tariffs on Chinas $50 billion in commodities, China decides to impose a 25% tariff on 106 items of goods originating in the United States, including soybeans. This measure will effectively restrict the import of soybeans in the United States. As an important alternative oil crop for soybeans, the application of tariffs on soybeans will bring new challenges and opportunities to the development of Chinas rapeseed industry. The rationality and necessity of adding tariffs on soybeans, the impact of soybeans tariffs on soybeans and rapeseed industry, and the existing problems and development potential of Chinas rapeseed industry were analyzed. The development of rapeseed industry in China in the future was suggested. |
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