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China: China Development Bank (CDB) disclosed CNY 1.8 billion in loans for Shanghai Automotive Industry Group's new energy vehicle development

Description

In 2025, the China Development Bank (CDB) provided CNY 1.8 billion (USD 258.8 million) in loans for Shanghai Automotive Industry Group's new energy vehicle development for the year 2025. The support w...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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