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Global Trade Alert

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China (Jiangsu Province): CNY 406 million for the purchase and use of agricultural machinery

Description

On 22 March 2023, the Jiangsu Provincial Department of Finance announced the allocation of CNY 406 million (USD 59 million) in state aid to support farmers in the purchase and application of agricultu...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Mar 2023

Revocation date

No revocation date

Implementation level

Subnational

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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