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Global Trade Alert

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China: Interest payment subsidy scheme to support large-scale renewal of equipment

Description

On 21 June 2024, the Chinese government adopted Caijin 2024/54, announcing an interest payment subsidy scheme to support the large-scale renewal of equipment and technical transformation of key sector...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Jun 2024

Revocation date

26 Dec 2024

Implementation level

National

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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