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Global Trade Alert

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China: USD 1.5 billion further subsidies for 'actual grain growers' to cover increased cost of agricultural materials

Description

On 29 August 2022, the Chinese State Council issued an announcement (hereafter, 'Announcement') which committed to increased financial support for 'farmers who actually grow grain'. The Announcement p...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Aug 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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