Study on the Influencing Factors of China's Soybean Trade Security

In recent years, the demand for soybeans in the Chinese market has increased rapidly, but the soybean production is far from meeting the domestic soybean market demand, resulting in China having to import a large number of soybeans from the international market. Based on China's soybean trade data from 2012 to 2022, this paper systematically analyzes the current situation of China's soybean trade from the aspects of trade scale, production and consumption, and explores the existing problems in China's soybean trade. The results show that China's soybean supply and demand imbalance, domestic soybean enterprises are monopolized by foreign capital, China's soybean over-dependence on imports, lack of bargaining power in the international market, and the current international situation is tense. Therefore, the transformation and upgrading of China's soybean industry is imminent. This paper puts forward corresponding solutions to these existing trade security problems: first, increase the investment in soybean research and development, improve the management of domestic and foreign soybean trading markets, and support the planting of soybeans. Second, Diversified soybean import channels and actively sought soybean substitutes. Third, optimize the soybean industry structure, establish domestic non-GMO soybean national brand. Fourth, try to sign more international trade agreements and improve our trade status. In order to provide security for China's soybean trade, but also hope to bring greater opportunities.