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Global Trade Alert

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China: CNY 148 billion in additional state aid to support large-scale equipment updates

Description

On 24 July 2024, the Chinese National Development and Reform Commission (NDRC) published Fagai huanzi 2024/1104, announcing several measures to support equipment renewal and trade-in of consumer goods...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jul 2024

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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