Study On The Pilot Program Of Vegetable Price Index Insurance In Chengdu

Agriculture is a basic and important industry because it is related to the national economy and people's life.It is also the most vulnerable industry among the three industries.It is not only affected by meteorological disasters and diseases and insect pests in the production process,but also faces the risk of violent price fluctuations in the sales process,which seriously affects the healthy and stable development of agriculture in China.In 2007,China began to pilot the policy-based agricultural insurance system,and the introduction of the regulations on agricultural insurance in 2013 marked the formal establishment of the policy-based agricultural insurance system.Traditional policy-based agricultural insurance is effective in dispersing natural risks,but it is unable to cope with the losses caused by price changes.As a price risk management tool,price index insurance is different from minimum price acquisition and storage and target price subsidy.As a new type of agricultural insurance,it makes up the limitation of traditional agricultural insurance.In 2010,Shanghai and Zhang Jiagang began to pilot vegetable price index insurance.In 2013,Chengdu also began to pilot vegetable price index insurance.However,the pilot program is only carried out in a limited area.A unified institutional framework for the insurance of agricultural product price index has not yet been formed in China.Chengdu is the country's first pilot city as provincial capital and the first major vegetable production area.The pilot project in Chengdu has been carried out successfully,and there are many innovations in the program design.Therefore,the study on the pilot project in Chengdu can provide useful reference for the major vegetable production areas in the pilot project in terms of how to stabilize the supply and price of vegetables,which has important practical significance.It has important theoretical significance in perfecting agricultural insurance system,deepening the development of agricultural insurance,promoting agricultural modernization and price reform.This paper takes Chengdu pilot vegetable price index insurance as a case and focuses on its pilot program design.First of all,this paper summarizes the agricultural price index insurance,including the meaning of price index insurance,the comparison between traditional agricultural insurance and traditional agricultural price support policies,and the pilot situation of vegetable price index insurance.Secondly,analyze the case,found that vegetable vegetable prices index insurance can play a significant role in ensuring supply,reducing price fluctuations and making up for a lossfor farmers,but it also has problems in limited pilot coverage,low degree of agricultural insurance in Chengdu and the whole country,adverse selection caused by target price,local financial pressure and catastrophe risk which cannot be effectively dispersed.According to these problems,the article gives suggestions one by one.Finally,the paper draw a conclusion.