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Global Trade Alert

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China: Adoption of the central budget for 2026

Description

On 12 March 2026, the Chinese National People’s Congress approved the central budget for 2026. The budget for grain and oil material reserve expenditure was set at CNY 110.68 billion (USD 16.11 billio...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Mar 2026

Revocation date

31 Dec 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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