Abstract:

China's agricultural industry is under marketization. Though producing public products, agriculture as an industry is innately impotent of market competitive power. There is an intense conflict between the decentralized household management and the consolidated socialist market. In the years of non-market economy agricultural resources and surplus were bransferred, on a large scale, to non-agricultural sectors. Now in the context of market economy it is time to reinforce the agricultural industry which has long been under negative protection. To achieve this goal, it is of great importance to draw on the experience of some countries that have both a welldeveloped market and effective agricultural protection policies and practice, and to fit it in with China's actual circumstances.

Key words: agricultural marketization, public products, impotent industry, agricultural protection