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Global Trade Alert

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China (Shanghai): State aid to promote a modern industrial system in the new era in Shanghai

Description

On 18 April 2024, the Shanghai municipal government adopted Hufu bangui 2023/12, announcing several state aid measures to "promote and accelerate the construction of a modern industrial system". Among...

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Intervention Details

Intervention Type

FDI: Financial incentive

MAST Chapter

FDI measures

Implementation date

20 Apr 2023

Revocation date

19 Apr 2028

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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