Trade and markets
 

Detail

Area
China (Mainland)
Commodity Group
Grains
Commodity
All
Date
01/03/2012
Policy Category
Production
Policy Instrument
Budgetary allocations, Production support
Description
Raised 2012 budgetary allocations to the agricultural sector by 18 percent to US$189 billion (yuan 1.2 trillion), of which USS26 billion (yuan 162.8 billion) will be earmarked to fund direct payments to grain growers, subsidies on seeds and machinery and other inputs.