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Global Trade Alert

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China: CNY 6 billion in state aid to support companies' R&D projects related to all-solid-state batteries

Description

On 29 May 2024, several news outlets reported that the Chinese government will provide up to CNY 6 billion (USD 827.5 million) to support several companies' R&D activities related to all-solid-sta...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 May 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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