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Global Trade Alert

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China: New renewable power project subsidy for 2020 cut by 30%

Description

On November 21st, 2019, an announcement from the Chinese government revealed that its total subsidy budget for new renewable power projects in 2020 would be around 30% lower than that for 2019. Specif...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2020

Revocation date

31 Dec 2020

Implementation level

National

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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