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Global Trade Alert

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China (Hefei, Anhui Province): State aid of CNY 500 million to augmented reality company Rokid

Description

On 8 January 2024, according to consistent media reports, the Hefei Municipal Government provided state aid of CNY 500 million (USD 69.8 million) to the augmented reality (AR) company Rokid. The repor...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Jan 2024

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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