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China (Shanghai): State aid to support enterprises' basic research for high-quality development

Description

On 23 July 2025, the Shanghai Municipal Government adopted Hufu bangui 2025/5, issuing several state aid measures to "support enterprises in strengthening basic research and enhancing new momentum for...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Aug 2025

Revocation date

31 Jul 2030

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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