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The Institute of Agricultural Economics and Development (IAED) of Chinese Academy of Agricultural Sciences (CAAS)was established in 1958. IAED is the earliest non-profit national research institute specialized in agricultural economics and policy research in China. The main tasks of IAED are to develop research based policy recommendations for central and local governments and provide consultative service for agricultural enterprises. The Institute studies the issues concerning agriculture and rural economy development strategy, agrotechnical economics, distribution of agricultural products and international trade, rural energy resources and environmental economics, food safety policy, rural poverty, policies of agricultural science and extension of agricultural techniques, agricultural modernization, regional development, and development strategy of agricultural enterprise and so on. IAED also provides training for senior experts on agricultural economics, organizes domestic and international cooperation and exchange, and publishes two national journals, Issues in Agricultural Economics and Journal of Agro-technical Economics. IAED is a house for a national agricultural research information center with two academic associations, Chinese Association of Agricultural Economics and Chinese Association of Agro-Technical Economics.