Historical Evolution and Theoretical Analysis of Chinese Agricultural Product Price Policy
Lin Guangbin, Zheng Chuan

Abstract
This paper reviews the history of Chinese agricultural product theory price policies for more than 4,000 years from origin through development, deepening and reform. Studies have found that a series of original theories about the management of agricultural products were born in China, including the theory of supply and demand, the agricultural economic cycle and the regulation theory of the agricultural products’ prices based on the market, the theory of light and heavy, and the support and limit price theory. In addition, Chinese theory and associated agricultural product price policies designed for stability and food supply security were formed as well. Furthermore, the disadvantages of historical agricultural price policy, including theory, objectives, formulation and implementation, were analyzed. Finally, several suggestions were given, including the perfection of laws and regulations system, the establishment of warning, government subsidies, credit, agricultural insurance, futures, storage and customs.

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