By Jin Sanlin & Han Yang, Research Team on “China’s Overseas Investment Approaches and Measures during the 14th Five-Year Plan Period”, DRC

Research Report, No.21, 2021 (Total 6086) 2021-2-23

Abstract: Going global for agriculture is an important means to ensure China’s supply of food and key agro-products and the 14th Five-Year Plan marks an important opportunity for agriculture to expand its overseas presence. In face of the COVID-19 pandemic and volatile global landscape, China lacks adequate ability to address risks relating to the acquisition of grain through proper channels in the world market. To ward off the risks and meet our basic needs, we need to improve the agricultural layout, adopt the dual circulation strategy and make an overall arrangement of the overseas investment layout and the construction of international logistics channels for safe and reliable grain supply from global market. Investment needs to be made in light of the different conditions in different countries and we need to attach more importance to the strategic role played by neighboring countries in our overseas agricultural investment layout. We need to develop overseas investment entities and multinational food corporations and encourage foreign investment by way of clusters. Overseas agricultural investment platforms need to be built to form a batch of production bases at different levels both at home and abroad. Based on the Belt and Road Initiative, we need to expand international logistics channels for agro-products. Besides, policy support needs to be stepped up to improve China’s overseas agricultural investment services.

Keywords: agriculture, going global, layout optimization, channels expansion