Back to state act
Back to state act
Description
In 2020, the Shanghai-listed firm Hengli Petrochemical Co.,Ltd. (also known as HLGF) disclosed in its stock exchange filings the receipt of approximately USD 136 million of government subsidies.Hengli...
Intervention Details
Intervention Type
Financial grant
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Jan 2020
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Sectors
Affected Products