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Global Trade Alert

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China: Government subsidy changes for listed company Tongyu Heavy Industry Co., Ltd. in year 2011

Description

In 2011, the Shenzhen-listed firm Tongyu Heavy Industry Co., Ltd. (also known as TONGYU HEAVY) disclosed in its stock exchange filings the receipt of approximately USD 10 million of government subsidi...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2011

Revocation date

No revocation date

Implementation level

National

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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