Chongqing has recently introduced a new ten-point policy package aimed at supporting the high-quality development of its food and agricultural processing industries. The measures include substantial financial commitments, such as allocating over 60% of regular fiscal support funds to industrial development, providing loan interest subsidies for food and agricultural processing enterprises, and offering subsidies for technological transformation loans.
The policy encourages the integrated development of primary, secondary, and tertiary industries in rural areas. Entities that successfully establish national-level modern agricultural industrial parks, competitive characteristic industrial clusters, strong agricultural industrial towns, or green parks will receive financial support of up to 200 million yuan, based on different standards and in accordance with regulations. Additionally, eligible agricultural primary processing operations will benefit from agricultural electricity pricing.
To bolster industrial growth, over 60% of regular fiscal support funds will be directed toward the development of seven key sectors: grains and oils, meat and dairy products, fruits, vegetables, tea, snack foods, condiments, hotpot ingredients, and Chinese medicinal herbs. Priority will be given to eligible food and agricultural processing projects at the district and county levels for comprehensive evaluation and upgrading as municipal-level fiscal support initiatives.
Loan interest subsidies will be available for food and agricultural processing enterprises with actual production and business activities. The subsidy rate for new loans will not exceed 60% of the corresponding loan prime rate (LPR) at the time of issuance, with a maximum subsidy of 2 million yuan per enterprise. Companies already benefiting from other loan interest subsidy policies will not be eligible for duplicate support.
Policy-backed guarantee institutions will reduce guarantee fees for qualified enterprises to an average rate of no more than 0.6%. Eligible loans will also be included in the "government-bank-guarantee" risk compensation fund pool.
Subsidies for agricultural insurance premiums will be provided to farming and breeding operators of raw material bases, with support covering up to 85% of premiums for those participating in policy-based agricultural insurance.
Support for cold chain logistics system development includes subsidies of up to 10 million yuan, covering no more than 40% of the actual effective investment, for standardizing and upgrading regional cold chain logistics bases and related facilities. Efforts to integrate rural cold chain logistics resources will be encouraged to improve operational efficiency. Electricity for cold chain storage facilities built by family farms, cooperatives, postal express enterprises, and industrial leaders in rural areas will be charged at agricultural rates. The establishment of rural cold chain pickup points and forward warehouses will help reduce logistics costs for the industry.
Enterprises pursuing digital and intelligent transformation will receive subsidies of up to 10% of actual equipment investment, capped at 1 million yuan, for eligible projects. Support for building advanced smart factories will cover up to 10% of actual investment (excluding tax), with a maximum subsidy of 3 million yuan. Future factory projects may receive up to 5 million yuan in subsidies. Efforts to enhance food safety through digital management, such as building "sunshine factories" and adopting advanced quality management systems, will also be supported.
Subsidies for technological transformation loans will cover up to 2% of the loan amount, based on 50% of the actual interest rate, with an annual cap of 10 million yuan per enterprise. Direct financial leasing for equipment upgrades will be eligible for a 2% interest subsidy, up to 5 million yuan annually. Insurance premiums for technical transformation project cost loss coverage will be subsidized at 80% of the actual annual premium, with a maximum of 1 million yuan.
A 10-billion-yuan food and agricultural processing industry ecosystem fund will be utilized under market-oriented principles, employing a "sub-fund + direct investment" strategy to attract and nurture industrial projects. Coordination between municipal and local authorities will strengthen project implementation.
Promotional and branding activities will be supported through events such as the Western China International Investment and Trade Fair and the Western (Chongqing) International Agricultural Products Trade Fair. Exhibitors in designated areas will receive at least a 20% reduction in booth fees. Companies participating in overseas exhibitions under the "Hundred Groups, Thousand Enterprises" international market expansion plan will receive subsidies for booth and personnel expenses. Support for regional public brands and geographical indication products includes one-time subsidies of up to 200,000 yuan for new certifications. Enterprises awarded national intangible cultural heritage or "Time-Honored Brand" titles may receive rewards of up to 2 million yuan.
These ten policies took effect on January 1 of this year and will remain valid until December 31, 2028.
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