government grain price stabilization in ancient China
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesverb
to purchase grain at standard prices in bumper years for later sale in lean years (historical)
archaicA historical economic policy aimed at stabilizing grain prices and ensuring food security in ancient China, particularly associated with the 'Ever-Normal Granary' system.
Gǔ古
dài代
guān官
fǔ府
tōng通
guò过
píng平
dí籴
zhèng政
cè策
lái来
tiáo调
jié节
liáng粮
jià价
，
fáng防
zhǐ止
gǔ谷
jiàn贱
shāng伤
nóng农
。
In ancient times, the government used the 'pingdi' policy to regulate grain prices and prevent farmers from being hurt by low prices.
《
Guǎn管
zǐ子
》
yī一
shū书
zhōng中
jì记
zǎi载
le了
píng平
dí籴
fǎ法
de的
sī思
xiǎng想
。
The ideas behind the 'pingdi' law are recorded in the book 'Guanzi'.
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Zhè这
yī一
píng平
dí籴
jǔ举
cuò措
zài在
zāi灾
huāng荒
nián年
jiān间
fā发
huī挥
le了
wěn稳
dìng定
shè社
huì会
de的
zuò作
yòng用
。
This 'pingdi' measure played a role in stabilizing society during famine years.