Chinese economy: history and problems. Problems of Economic Growth. The history of Chinese agriculture. The ratio of exports and imports of goods and service to gross domestic product at current prices. Inefficiencies in the agricultural market.
China-Switzerland FTA is China"s first FTA with a major European economy, while China-Pakistan Free Trade Agreement came in effect in 2007 is the first FTA signed with a South Asian state. At the start of the 2010s, China remained the sole Asian nation to have an economy above the $10-trillion mark (along with the United States and the European Union). Due to China"s status as a developing country and its severe shortage of arable land, farming in China has always been very labor-intensive. In 1984, the government replaced mandatory procurement with voluntary contracts between farmers and the government. Despite initial gains in farmers" incomes in the early 1980s, taxes and fees have increasingly made farming an unprofitable occupation, and because the state owns all land, farmers have at times been easily evicted when croplands are sought by developers.
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