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China (Shandong Province): State aid to local cultural tourism industry

Description

On 22 May 2022, the government of Shandong Province announced the provision of CNY 10 billion (USD 1.5 billion) in loans to the local cultural tourism industry. The loans are to be provided within the...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 May 2022

Revocation date

31 Dec 2022

Implementation level

Subnational

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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