AreaChina (Mainland)

Commodity GroupRice

CommodityAll

Date11/03/2022

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionAnnounced that it had allocated CNY 20 (USD 2.9) billion for one-time subsidies for producers of grains, including rice, to help them cope with increases in prices of agricultural inputs. The assistance will be extended to individual farmers, as well as family farms, farmer cooperatives, agricultural enterprises and related entities.

NotesExchange rate as of 15 May 2022.