Agricultural Insurance in China

Anatoly L. Osipenko; Sergey L. Nikonovich; Irina A. Nasonova; Vitaly B. Vekhov; Alexander A. Redko

Anatoly L. Osipenko Krasnodar University of the Russian Interior Ministry, Krasnodar, Russia
Sergey L. Nikonovich Russian State University of Tourism and Service, Cherkizovo, Russia
Irina A. Nasonova Department of Criminal Proceedings, Voronezh Institute of the Russian Interior Ministry, Voronezh, Russia
Vitaly B. Vekhov Department of Law, Intellectual Property and Forensic Examination, Bauman Moscow State Technical University, Moscow, Russia
Alexander A. Redko Research Department, Volgograd Academy of the Russian Interior Ministry, Volgograd, Russia

Keywords: Agricultural insurance, subsidies, insurance market, natural disasters, government, financial support.

Abstract

The system of agricultural insurance is a key sector of the state economy and the development of agricultural sector in general. As we may see now China is one of the leading agricultural countries showing good indicators of agricultural products export. By the aid of this insurance program farmers have become secure and make a significant contribution to the development of rural economy and, as a result, economy of the whole country. This article is aimed at the history of agricultural insurance market, its success and failures, its establishment as a separate mechanism since 2007, though the agricultural insurance goes back to 1980s. The article analyzes the structure of agricultural insurance systems, focuses on the sustainable development of the agricultural sector after the introduction of the new insurance campaign of 2007.

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Author Biographies

Anatoly L. Osipenko, Krasnodar University of the Russian Interior Ministry, Krasnodar, Russia

Doctor of Law, Professor, Deputy Head, Krasnodar University of the Russian Interior Ministry, Krasnodar, Russia

Sergey L. Nikonovich, Russian State University of Tourism and Service, Cherkizovo, Russia

Doctor of Law, Professor, Graduate School of Business, Management and Law, Russian State University of Tourism and Service, Cherkizovo, Russia

Irina A. Nasonova, Department of Criminal Proceedings, Voronezh Institute of the Russian Interior Ministry, Voronezh, Russia

Doctor of Law, Department of Criminal Proceedings, Voronezh Institute of the Russian Interior Ministry, Voronezh, Russia

Vitaly B. Vekhov, Department of Law, Intellectual Property and Forensic Examination, Bauman Moscow State Technical University, Moscow, Russia

Doctor of Law, Department of Law, Intellectual Property and Forensic Examination, Bauman Moscow State Technical University, Moscow, Russia

Alexander A. Redko, Research Department, Volgograd Academy of the Russian Interior Ministry, Volgograd, Russia

Phd of Law, Research Department, Volgograd Academy of the Russian Interior Ministry, Volgograd, Russia

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