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Global Trade Alert

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China: Loan guarantee fees for agriculture sector halved to combat COVID-19

Description

On February 14th, 2020, the Chinese Ministry of Finance released Caibannong 2020/6 (hereafter, 'Announcement'), which encouraged the direction of funding to various areas in order to support the agric...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Feb 2020

Revocation date

31 Dec 2020

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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