The Performance of China’s Environmental Policies for the Livestock and Poultry Farming Industry

Abstract

Developing countries around the world are still facing serious agricultural pollution problems. This means that agricultural environmental supervision in developing countries not only requires regulations to force companies to reduce pollution, but also requires subsidies to help them achieve technological upgrading and development. This article uses the DID method to conduct an empirical study on the annual data of 775 listed Chinese agricultural companies. The results prove that the environmental policy of China's livestock and poultry farming industry not only reduces environmental violations of agricultural enterprises through its environmental regulations, but also promotes environmental protection investment and expenditure of enterprises through its subsidy components, and improves the level of enterprise green technology. This approach achieves a win-win outcome.