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Global Trade Alert

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China (Hunan): Provincial capital establishes $870m fund for investment into automotive battery industry

Description

Subsequent to the Chinese government's national push to boost the automotive battery industry (see related measure), an announcement from Changsha City Municipal Government revealed that it had taken ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Apr 2017

Revocation date

27 Apr 2020

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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