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Global Trade Alert

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China: $21.8bn fund for State-Owned Enterprises established

Description

On May 16th 2017, The China News Service announced the establishment of a 21.78bn USD (150bn CNY) fund for use by state-operated enterprises (SOEs) to invest in new technologies and make the firms mor...

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Intervention Details

Intervention Type

Financial investment support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 May 2017

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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