Global Trade Alert
Global Trade Alert

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China: Launch of the CNY 344 billion National Integrated Circuit Industry Investment Fund III

Description

On 24 May 2024, the third phase of the National Integrated Circuit Industry Investment Fund was incorporated. The fund has a registered capital of CNY 344 billion (USD 47.5 billion), with the Chinese ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 May 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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