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China: ADBC provides CNY 700 million state aid to support upgrading of maize seed production base in Gansu Province

Description

In 2023, the Agricultural Development Bank of China (ADBC) disclosed providing a CNY 700 million (USD 98.5 million) state loan to support a project related to the renovation and upgrading of the natio...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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