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Global Trade Alert

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China: Adoption of the central budget for 2025

Description

On 11 March 2025, the Chinese National People’s Congress approved the central budget for 2025. Among others, the annual budget for the "Service Industry Development Fund" scheme was decreased from CNY...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Mar 2025

Revocation date

31 Dec 2025

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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