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Back to state act
Description
On 30 June 2023, the People's Bank of China, China's central bank, announced it was allocating CNY 120 billion (USD 16.5 billion) to support Chinese SMEs. According to the press release, the state aid...
Intervention Details
Intervention Type
Lending support
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
30 Jun 2023
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
SMEs
Affected Sectors
Affected Products
See all
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