AreaChina (Mainland)

Commodity GroupGrains

CommodityGrains

Date22/02/2022

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionReleased a policy document recommending higher subsidies for arable land rotation and incentives for large-oil producing counties. China seeks to concentrate on supporting suitable regions, key varieties and business service entities as well as promoting the belt-like composite of planting of maize and soybeans. The policy also aims to strictly control the processing of ethanol produced from maize biomass.