China, innovations in agricultural insurance : promoting access to agricultural insurance for small farmers

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      <subfield code="a">China is the world's most populous country and one of the largest producers and consumers of agricultural products. It produced crops and livestock valued at $366 billion in 2004, about 50 percent more than the U.S. total. Despite limited supplies of land, water, and other natural resources, China grows most of its own food and is a major exporter of many agricultural commodities. China ranks No. 1 in the world in paddy rice production with over 40 percent more production than India, which ranks No. 2. Importantly, China also ranks No. 1 in the world in fresh vegetable production with four times more production than India, which again ranks No. 2. China is also the largest wheat-producing country in the world. In total, China ranks No. 1 in the world in the production of 45 agricultural commodities (FAO, 2005)</subfield>
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