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Global Trade Alert

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China (Zhejiang Province): State aid to support AI development and trade enterprises

Description

On 13 November 2024, the government of Zhejiang province adopted Zhacaijian 2024/161, announcing several measures "to support the construction of a modern service industry system with Zhejiang charact...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Dec 2024

Revocation date

31 Dec 2027

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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