It is known by the Ministry of Agriculture that the administrative departments of the Ministry of Agriculture and of the Ministry of Finance jointly released a notice on “Guidance on Implementing Agricultural Machinery Purchase Subsidy for 2014”.
In the guidance, the implementation scope of the subsidy, subsidy standard, machinery category and payment method of the subsidy are defined.
It is stipulated that the subsidy shall favor major growing counties of grains, cotton, and oil crops, national demonstration area of modern agriculture, & national demonstration area of agricultural mechanization, etc.