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Global Trade Alert

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China (Shanghai): Launch of CNY 10 billion Future-oriented Industries Fund

Description

On 7 September 2024, the government of Shanghai Municipality announced the launch of the CNY 10 billion (USD 1.4 billion) Shanghai Future-oriented Industries Fund. The fund will provide capital inject...

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Intervention Details

Intervention Type

Financial investment support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Sep 2024

Revocation date

06 Sep 2039

Implementation level

Subnational

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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