Global Trade Alert
Global Trade Alert

China (Hunan): Provincial capital establishes $870m fund for investment into automotive battery industry

Announcement

27 Apr 2017

April 27th, 2017 - The Municipal Government of Changsha, capital of Hunan Province, China, announced it would earmark $870m for investment in the automotive battery industry over three years.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Apr 2017

Revocation date:

27 Apr 2020

Announced: 27 Apr 2017
Financial investment support
Subsequent to the Chinese government's national push to boost the automotive battery industry (see related measure), an announcement from Changsha City Municipal Government revealed that it had taken ...
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