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Global Trade Alert

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China: USD 3.14 billion allocated to grain farmers in 'one-off' subsidy

Description

On 25 March 2022, the Chinese government announced that it was budgeting CNY 20 billion (USD 3.14 billion) to grain farmers. A statement from the Ministry of Agriculture and Rural Affairs (MARA) revea...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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