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China (Jiangsu Province): Launch of CNY 20 billion equipment renewal loan guarantee scheme

Description

On 27 March 2024, the Government of Jiangsu Province adopted Su Caijin 2024/33, launching a CNY 20 billion (USD 2.77 billion) loan guarantee scheme to support provincial manufacturing SMEs' renewal an...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Mar 2024

Revocation date

31 Dec 2025

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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