Jiangsu Province has officially released the third batch of its agricultural machinery purchase and application subsidy schedule for the 2024-2026 period, featuring a maximum subsidy of 58,000 yuan for corn grain harvesting machines.

The provincial agricultural and rural affairs department, in collaboration with the finance department, has formulated and announced the updated subsidy list, which outlines the specific financial support available for various farming equipment under the central and provincial fiscal frameworks.

To maintain policy continuity, the new regulations specify that machinery purchased on or before August 19, 2026, will be eligible for the original subsidy standards where adjustments have been made. Equipment acquired on or after August 20, 2026, will be subject to the revised subsidy rates. Additionally, total mixed ration preparation machines bought from May 28, 2026, onward will follow the updated subsidy schedule.

The newly published subsidy amounts take effect from August 20, 2026, with the purchase date determined by the invoice date. Any further provisions will be communicated separately at a later time.

The announcement includes two appendices detailing the subsidy schedules for central fiscal and provincial fiscal allocations respectively, ensuring transparency and clarity for farmers and equipment dealers across the province.