India and China both are major economies and food security remains the biggest challenge for policy makers to ensure peaceful and equitable economic development at an affordable price by keeping food inflation low.
India and China both are major economies and food security remains the biggest challenge for policy makers to ensure peaceful and equitable economic development at an affordable price by keeping food inflation low. At first the productivity of India and China was almost same but by the end of the century, China’s average agriculture productivity was about two to three times that of India in many crops. The success of China’s agriculture is based on technological intervention. China has developed large pool of trained agriculture machines technicians and craftsmen. India and China are mutually stepping up efforts to trade more farm products right from tobacco to rapeseed meal, which can be proved an effective way to bridge the trade gap between both the countries. As per the information provided by the Indian Embassy, the GACC discussed agricultural market access matters for the Indian products. The GACC has permitted 6 Indian mills to export rapeseed meal to Beijing.
On November 6, 2018, Jay Shree Tea and Industries Ltd. signed a $1-million black tea export contract with State-owned COFCO. Assam tea, in particular, has good prospects in China as it blends well with milk-based tea drinks. India’s efforts to export sugar to China, which began in earnest in June, also appear to have paid dividends. China has also opened up imports of non-Basmati rice from India in June on the sidelines of the Qingdao summit of the Shanghai Cooperation Organisation (SCO).