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China: State Council announces one-off subsidy payments for farmers who 'actually grow grain'

Description

On June 18th, 2021, the Chinese Premier, Li Keqiang, gave a press conference, in which he announced that CNY 20bn (USD 3.1bn) would be budgeted for one-off payments to farmers who 'actually grow grain...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Jun 2021

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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