China's Ministry of Finance released an implementation plan to accelerate high-quality development of agricultural insurance, tightening fiscal subsidy management. The plan requires verification of insured information against agricultural production/

2026-09-11

China's Ministry of Finance released an implementation plan to accelerate high-quality development of agricultural insurance, tightening fiscal subsidy management. The plan requires verification of insured information against agricultural production/operation records and historical policy data, mandates timely allocation of premium subsidy funds and optimization of disbursement methods, and encourages provinces to adopt province‑to‑province settlement between provincial finance departments and insurers' provincial branches.