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Global Trade Alert

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China: Central government allocates about USD 1.45 billion in subsidies to grain farmers

Description

On 17 April 2023, the Chinese State Council announced it was allocating CNY 10 billion (USD 1.45 billion) to grain growers in a one-off subsidy. The press release (Release) announcing the subsidy stat...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Apr 2023

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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