Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»China expands subsidy program for replacing old agricultural machinery
    Commodities

    China expands subsidy program for replacing old agricultural machinery

    February 24, 20251 Min Read


    BEIJING — China will expand the scope of subsidies for replacing old and worn-out agricultural machinery and raise subsidy levels in 2025, the Ministry of Agriculture and Rural Affairs said Tuesday.

    The existing nine types of agricultural machinery will be joined by six new categories in the subsidy program, namely, rice seedling-throwing machines, farmland monitoring terminals, plant protection drones, grain dryers (drying machines), color sorters and flour mills, the ministry said in a statement on its website.

    China will continue to increase the subsidy standards for certain agricultural machinery this year. For example, the maximum subsidy for replacing a cotton picker will be raised from 60,000 yuan (about $8,365) to 80,000 yuan per unit, according to the statement jointly issued by the ministry and three other central government authorities.

    The statement also emphasized that provinces must effectively utilize ultra-long special treasury bonds allocated to support the scrapping and updating of agricultural machinery, and be vigilant of fraudulent activities related to subsidy claims.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    The prophetic Slayer song that marked the end of one of thrash metal’s greatest songwriting partnerships

    Commodities

    Youth Forum on Agricultural Biotechnology opens at NSU

    Commodities

    Royal Agricultural University opens its doors for 180th birthday

    Commodities

    Lexington blocks solar farms on agricultural land. But fight over solar isn’t over

    Commodities

    BTBAM’s Dan Briggs – My 5 Favorite Prog Metal Albums

    Commodities

    Royal Welsh Agricultural Society pulls the plug on its Spring Festival to focus on other projects

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    Rafael Nadal Won’t Play in Final Davis Cup Match Before Retirement If He Can’t Win | News, Scores, Highlights, Stats, and Rumors

    Property

    Wisconsin city named hottest American real estate market by Realtor.com – NBC Chicago

    Generali Investments prend une participation majoritaire dans MGG Investment Group

    Editors Picks

    Generali Investments : “La Fed voudra faire preuve de prudence” -Le 27 janvier 2025 à 16:40

    January 27, 2025

    Cryptocurrency Live News & Updates : Bitcoin Hits 121,000 USDT with Daily Growth

    August 13, 2025

    US stock market futures rise as Trump 2.0 begins, Bitcoin, $TRUMP rise further

    January 20, 2025

    ‘My heart is not there’: Poland keeper Wojciech Szczesny retires from football | Poland

    August 27, 2024
    What's Hot

    Les Gold au festival Bastides en Meule Bleue 2025

    April 29, 2025

    Soutien renforcé aux fintechs : Mojo Payments lance un hub d’innovation panafricain

    March 20, 2025

    Les bénéfices de K Cash Fintech bondissent en 2024 -Le 20 mars 2025 à 07:55

    March 19, 2025
    Our Picks

    A New Digital Currency for Greece

    August 14, 2024

    New rodent-killing technology underneath Hanover Street aims to reduce rat population

    August 14, 2025

    Quand l’IA ne suffit pas : Klarna réintègre le contact humain dans son service client

    May 14, 2025
    Weekly Top

    Titan vs Kalyan Jewellers vs Senco Gold: Which jewellery stock to buy amid rising gold prices, India-US trade deal buzz?

    September 13, 2025

    Silver emerges as strategic metal in age of energy transition

    September 13, 2025

    How Attractive Is Realty Income After Recent Share Price Gains?

    September 13, 2025
    Editor's Pick

    Utilities Down as Treasury Yields Tick Up — Utilities Roundup

    August 15, 2025

    Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin trading activity, m-cap updates

    July 3, 2025

    SuMi TRUST: What about those bear funds? | by Norbert Gehrke | Tokyo FinTech | Aug, 2024

    August 7, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.