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Global Trade Alert

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China: Guideline for promoting large-scale equipment updates

Description

On 7 March 2024, the Chinese State Council published Guofa 2024/7, releasing an Action Plan to promote the large-scale renewal of equipment. Among others, the government will provide state aid to incr...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

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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Table

Affected Sectors

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Affected Products

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Threads

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