Economic Growth and Development: Chinese Agribusiness Enterprises Development

This book analyses the important role of agribusiness and rural enterprises in economic growth and development. China’s inclusive development of agribusiness and rural enterprises has played a pivotal role in economic growth, sustainable development and poverty reduction. This book analyses how market, price and institution are important factors for China’s inclusive development of agribusiness and rural enterprises. Incentive property rights of farming lands have impacted the allocation efficiency of resources in markets, which contributed to the growth of its agro-industrial development and the families-agribusiness. The technological changes contributed to the agricultural growth in China pre and post economic reform phases.

The book introduces the combination development approach (CDA) of agribusiness and rural enterprises. The combination development approach of agribusiness and rural enterprises facilitates developing countries to upgrade into emerging economies and industrial economies. The book presents theoretical perspectives of development economics, and it introduces cutting-edge international development issues, and China’s international economic cooperation on international trade and enterprises development. New technology and information technology bring new business opportunities to smallholder farmers in transitional economies and developing countries to access global value chain in the future.

Lei Sun is a distinguished Professor in International Development at ShanDong University of Finance and Economics, China, and was a visiting scholar in the Department of Economics at the London School of Economics and Political Science, UK. She was a Research Associate on the African International Affairs Program at the London School of Economics and Political Science, and she was an expert at the ad hoc experts group meeting for United Nations Economics Commission for Africa. She co-authored the Report of the United Nations Economic Commission for Africa, and managed projects sponsored by United Nations Development Agencies Beijing Offices.