Miller Magazine Issue: 121 January 2020

CHINA 79 MILLER / JANUARY 2020 China: World’s largest agricultural economy “With one-fifth of the world population, Chi- na accounts for a quarter of total global food production. China is the world’s largest agri- cultural producer by volume and the world’s second-largest agricultural importer by value. It is the world’s largest producer of wheat and rice. It is also a global producer of corn, millet, barley, and oilseed. After the trade tension with U.S., China has shifted its overall agri- cultural policy to promote greater soybean production, meanwhile maintaining self-suffi- ciency for wheat and rice production.”