Global Trade Alert
Global Trade Alert

China: State Council pushes local governments to nurture 'innovation and entrepreneurship'

Announcement

11 Mar 2015

March 11th, 2015 - China's State Council released a plan to promote 'innovation and entrepreneurship' nationwide, urging provincial and municipal governments to vigorously promote investment (both private and public) and grant tax breaks to targeted firms.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

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No implementation date

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Updated: 11 Mar 2015
Instrument unclear

On the 11 March 2015, China's State Council disseminated an edict, 'Opinion on developing and promoting large-scale innovation and entrepreneurship in business', urging provincial and local governm...

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