Global Trade Alert
Global Trade Alert

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China: Adoption of the central budget for 2024

Description

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for agricultural insurance premium subsidies was increased from CNY 45.91...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Mar 2024

Revocation date

31 Dec 2024

Implementation level

National

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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