The overall goal of our paper is to explore this question of how China's policy will likely respond as the nation enters the WTO. Specifically, we will have three objectives. First, we briefly review China's existing agriculture policy and past performance of China's agriculture and how it has changed during the past 20 years of reform. Next, we examine the main features of the agreement that China must adhere to as they enter WTO. Finally, we consider a number of possible ways that policy makers may respond, primarily focusing on the national government's viewpoint.

The overall goal of this section is to understand how WTO will affect the agriculture sector in China. To accomplish this goal we have two specific objectives. First, we seek to provide measures of the distortions in China's agricultural sector at a time immediately prior to the nation's accession to WTO. Second, we seek to assess how well integrated China's markets are in order to understand which areas of the country and which segments of the farming population will likely be isolated from or affected by the changes that WTO will bring. Ultimately, with a knowledge of the size and magnitude of the impacts, researchers will be better able to being working on understanding how the policies that WTO will impose on China will change the gap between the domestic and international price and affect imports and exports, domestic production and production, income and poverty.

China and the World Trade Organization

On balance, will the nation's accession to WTO help or hurt rural residents? How will they affect rural incomes? Who in the rural economy will get hurt? Are there some in the rural economy who will be insulated from the effects of WTO?

The general goal of our essay will be to begin the discussion of these critical questions. In particular, we will attempt to meet this broad goal by pursuing three sets of objectives. First, we will examine the record of rural incomes, in general, and then focus on how employment may be affected by China's accession to WTO.

Second, we will attempt to understand how WTO will affect the agriculture sector, in particular. To do so, we will provide measures of the distortions in China's agricultural sector at a time immediately prior to the nation's accession to WTO and seek to assess how well integrated China's markets are in order to understand which areas of the country and which segments of the farming population will likely be isolated from or affected by the changes that WTO will bring. Ultimately, with a knowledge of the size and magnitude of the impacts, researchers will be better able to begin working on understanding how the policies that WTO will impose on China will change the gap between the domestic and international price and affect imports and exports, domestic production and production, prices, income and poverty.

Third, we will examine the policy options that the government has available to them in the wake of WTO.

Global aquaculture production is growing rapidly, with production more than doubling in weight and by value from 1989 to 1998. With many capture fisheries catches peaking, scientists, governments, and international organizations all point to aquaculture as the most important means to increase global fish supplies.

The aquaculture industry in the United States, which is dominated by freshwater catfish (Ictalurus punctatus) production, generates about one billion dollars each year. Marine aquaculture comprises roughly one-third of U.S. production by weight, and despite rapid increases in salmon and clam production, growth of U.S. marine aquaculture has been slow on average. Efforts to develop marine aquaculture in the open ocean could catalyze future growth.

Aquaculture has a number of economic and other benefits. But if it is done without adequate environmental safeguards it can cause environmental degredation. The main environmental effects of marine aquaculture can be divided into the following five categories:

1) Biological Pollution: Fish that escape from aquaculture facilities may harm wild fish populations through competition and interbreeding, or by spreading diseases and parasites. Escaped farmed Atlantic salmon (Salmo salar) are a particular problem, and may threaten endangered wild Atlantic salmon in Maine. In the future, farming transgenic, or genetically modified, fish may exacerbate concerns about biological pollution.

2) Fish for Fish Feeds: Some types of aquaculture use large quantities of wild-caught fish as feed ingredients, and thus indirectly affect marine ecosystems thousands of miles from fish farms.

3) Organic Pollution and Eutrophication: Some aquaculture systems contribute to nutrient loading through discharges of fish wastes and uneaten feed. Compared to the largest U.S. sources of nutrient pollution, aquaculture's contribution is small, but it can be locally significant.

4) Chemical Pollution: A variety of approved chemicals are used in aquaculture, including antibiotics and pesticides. Chemical use in U.S. aquaculture is low compared to use in terrestrial agriculture, but antibiotic resistance and harm to nontarget species are concerns.

5) Habitat Modification: Marine aquaculture spreads over 26,000 marine hectares, or roughly 100 square miles. Some facilities attract marine predators, and can harm them through accidental entanglement or intentional harassment techniques.

A number of technologies and practices are available to prevent or mitigate these environmental problems. Options to make U.S. aquaculture environmentally sustainable include:

1. Developing strong effluent guidelines for aquaculture under the Clean Water Act;
2. Supporting National Marine Fisheries Service and Fish and Wildlife Service activities under the Endangered Species Act to protect wild Atlantic salmon;
3. Establishing an environmentally protective permitting program for offshore aquaculture;
4. Improving state oversight of aquaculture;
5. Championing research and development investments and cost-share incentives for sustainable aquaculture practices;
6. Establishing a federal approval process for transgenic fish that mandates evnironmental protection;
7. Supporting market incentives for environmentally sound fish-farming;
8. Developing bilateral agreements with Canada to study and minimize the impact of salmon-farming on wild salmon stocks