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Global Trade Alert

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China: Crystal Clear Electronic Material receives CNY 160 million in state aid through state-owned Circuit Industry Investment Fund

Description

On 24 March 2023, according to consistent news and government reports, a subsidiary of Chinese company Crystal Clear Electronic Material Co received state aid worth 160 million yuan (USD 23.3 million)...

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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 Mar 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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