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Global Trade Alert

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China: Gradual reduction of subsidies for new energy vehicle purchases

Description

On April 22nd, 2015, the Chinese Ministry of Finance announced in Caijian 2015/134 (hereafter, 'Annnouncement'), that it would be adjusting and gradually reducing a subsidy scheme for purchases of new...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2016

Revocation date

31 Dec 2016

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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