Markets and trade
 

Detail

Area
China (Mainland)
Commodity Group
Grains
Commodity
Maize
Date
20/06/2017
Policy Category
Production
Policy Instrument
Production subsidies
Description
Announced it will spend CNY 2.56 billion (USD 374.95 million) to subsidize farmers to rotate their maize plantings with other crops every other year as well as to leave some land fallow. This subsidy is 78 percent higher than in 2016.