AreaChina (Mainland)

Commodity GroupGrains

CommodityAll

Date01/03/2011

Policy CategoryProduction

Policy InstrumentBudgetary allocations, Production support

Description2011 budgetary allocations to the agricultural sector raised by Yuan 130.48 billion (USD 20 billion) to Yuan 988 billion (USD 155 billion), 15 percent of which is to finance direct payments to grain producers, subsidies on purchase of agricultural supplies, improved seed varieties, tools and farm machinery.