Global Trade Alert
Global Trade Alert

China: Adoption of the central budget for 2024

Announcement

11 Mar 2024

In March 2024, the Chinese National People’s Congress approved the central budget for 2024. The budget contains several trade-related interventions. 

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Number of interventions

8

4 certainly harmful

0 likely harmful

4 liberalising

List of interventions

Implementation date

11 Mar 2024

Revocation date:

31 Dec 2024

Updated: 11 Mar 2024
State aid, unspecified

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for the "agricultural industry development funds"...

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Updated: 11 Mar 2024
State loan

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for the "agricultural industry development funds"...

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Updated: 11 Mar 2024
Financial grant

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for the "agricultural industry development funds"...

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Implementation date

11 Mar 2024

Revocation date:

31 Dec 2025

Updated: 11 Mar 2024
Interest payment subsidy In force

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for the Interest Subsidy Funds for Important Mate...

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Implementation date

11 Mar 2024

Revocation date:

31 Dec 2024

Updated: 11 Mar 2024
Price stabilisation

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for grain, oilseed and edible oil reserves w...

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Updated: 11 Mar 2024
Production subsidy

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 ...

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Implementation date

11 Mar 2024

Revocation date:

31 Dec 2025

Updated: 11 Mar 2024
State aid, unspecified In force

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for the "National Film Industry Development Speci...

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Updated: 11 Mar 2024
State aid, unspecified In force

On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for the "Tourism Development Fund" was increased ...

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