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Global Trade Alert

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China: National Integrated Circuit Industry Investment Fund II

Description

On 22 October 2019, the second phase of the National Integrated Circuit Industry Investment Fund was incorporated. The fund has a registered capital of CNY 204.15 billion (USD 28.8 billion), with the ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Oct 2019

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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Affected Sectors

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Affected Products

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