Global Trade Alert
Global Trade Alert

China (Heilongjiang): New provincial subsidy scheme for corn and soybeans announced

Announcement

12 May 2017

May 12th, 2017 - China's northeastern Heilongjiang announces a new subsidy scheme to boost both maize and soybean production in the area. Soybeans are set to receive more favourable subsidies than maize in an attempt to shift production towards the former.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

15 Sep 2017

Revocation date:

No revocation date

Updated: 12 May 2017
Production subsidy In force

On the 12th of May, 2017, China's Heilongjiang province, its top corn producer, announced an adjusted subsidy scheme that will see both maize and soybeans receive higher government payments. Due to...

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Implementation date

01 Jan 2017

Revocation date:

No revocation date

Updated: 12 May 2017
Production subsidy In force

In the same release, it was confirmed that soy bean farmers would see a new 'growers' subsidy' of USD 1.76/ha (CNY 173.46/ha), a change from the previous 'target subsidy' system, which tied subsidi...

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