Global Trade Alert
Global Trade Alert

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China: State-backed fund to promote domestic integrated circuit industry established

Description

On 14 October 2014, the Chinese Ministry of Industry and Information Technology (MIIT) announced it was setting up the 'National Integrated Circuit Industry Investment Fund' (hereafter, 'IC Fund'). Th...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Oct 2014

Revocation date

13 Oct 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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