The Research On Aquatic Breeding Insurance In Datonghu District

Since the opening and reform policy, the aquaculture industry in China has gone through a rapid growth in the past three decades. Currently, China’s aquaculture industry production has occupied about two-thirds of the whole world, becoming the largest aquaculture country in the world. During the growing period, there are emerging excellent aquaculture bases, like the Datong Lake in Hunan province, gradually developing into a leading enterprise as the leader and taking the lead, breeding, harvesting, processing and recreational fishing as one of systematic breeding system.While the aquaculture industry is playing a more and more important role in people’s daily life, system against aquaculture risk is still lagging in development. Especially when comparing to some countries with successful experience in developing the aquaculture insurance system like the United States, Japan or England, China’s lack in the aquaculture insurance field is even more obvious, with blank in many aspects. Theoretically, aquaculture insurance is an emerging branch of agricultural insurance, while it owns the general common characteristics of agricultural insurance and its own characteristics. Aquaculture industry is ungently in need of insurance system to escort its development, because it is a high investment, high return, high risk industry. However, China’s aquaculture insurance is in the pilot stage currently, which still needs a lot of research and experiments. And because of the complexity of the aquaculture industry, many problems need to be resolved before the wide implements of aquaculture insurance in reality.This paper studies the Datong Lake in Hunan Province, after field investigation, analysis and data research, the paper puts forward some recommendations for aquaculture insurance. Datong Lake is to the north of Dongting Lake, is an important aquaculture lake historically. It is also the biggest aquaculture lake in Hunan Province, holding great resource in both natural resources and superior aquaculture development conditions. The paper analyzes the characteristics of aquaculture industry, the successfully experience of foreign countries, the data collected from questionnaire investigation, and finally puts forward some suggestions with convincing demonstration. The questionnaire result reveals that, the average education background of aquaculture farmers are comparatively low, and the farmers are mainly consisting of the elderly, lacking the young farmers, which contribute to low productivity. According to the findings, most aquaculture farmers have suffered loss from natural disasters, and the loss amount is huge impact to the income of aquaculture farmers. The suggestions are based on the analysis of the questionnaire of Datong Lake, focuses on expanding the policy aquaculture insurance trial areas, emphasizing the importance of aquaculture insurance, increasing the amount in policy insurance fee subsidy, accelerating the building of aquaculture insurance technical support system, and funding aquaculture industry catastrophe system as auxiliary risk protection.