Research Article

Commercializing-based Rural Poverty Alleviation Model (CBRPA Model) and Internal Cycle Growth

Chih-Hung Yeh 1 *
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1 School of International Business, Xiamen University Tan Kah Kee College* Corresponding Author
International Journal of Business Studies and Innovation, 1(1), September 2021, 43-49, https://doi.org/10.35745/ijbsi2021v01.01.0005
Submitted: 24 March 2021, Published: 30 September 2021
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ABSTRACT

This paper explores and brings forth a persistent resilient self-motivated or self-growth-driven rural poverty alleviation model based on the commercializing-based rural poverty alleviation (CBRPA) model. The CBRPA model encompasses systems or mechanisms of integrated contract farming, regional integrated processing, and agricultural association. Although China has made brilliant achievements in rural poverty alleviation since opening-up in 1978, it still lacks a self-growth-driven rural poverty alleviation system or mechanism. Thus, this paper discusses the rural poverty alleviation achievements and policies of China. It explores various solutions, formulates proper structure, and proposes a CBRPA model. Implementation of the CBRPA model requires the establishment of the agricultural association, integrated contract farming companies (ICFCs), and regional integrated processing companies (RIPCs). The paper also discussed the importance and contribution of rural poverty alleviation to economic growth as well as China’s major economic strategy of double cycle growth. As the CBRPA Model generates a self-growth-driven rural poverty alleviation pattern that is implemented all over the country, it makes an important strategy for internal cycle growth to mutually facilitate external cycle growth.

CITATION (APA)

Yeh, C.-H. (2021). Commercializing-based Rural Poverty Alleviation Model (CBRPA Model) and Internal Cycle Growth. International Journal of Business Studies and Innovation, 1(1), 43-49. https://doi.org/10.35745/ijbsi2021v01.01.0005