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Back to state act
Description
On 11 March 2024, the Chinese National People’s Congress approved the central budget for 2024. Among others, the annual budget for the Interest Subsidy Funds for Important Material Reserves was decrea...
Intervention Details
Intervention Type
Interest payment subsidy
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
11 Mar 2024
Revocation date
31 Dec 2024
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Sectors
Affected Products