Global Trade Alert
Global Trade Alert

China: State council says 'more subsidies for aluminium producers'

Announcement

05 Jun 2016

June 5th, 2016 - China's state council releases an 'opinion' calling for the promotion of a 'favourable market environment' for producers of nonferrous metals. This includes subsidised electricity costs, tax breaks, financial grants and other incentives to encourage growth in the industry.

Source

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Number of interventions

4

0 certainly harmful

4 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 05 Jun 2016
State loan
Finally, there is the promise of 'financial support'. This points to government-guaranteed loans at low interest rates, encouragement of venture capital firms to lend money to nonferrous metal busines...
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Announced: 05 Jun 2016
Tax or social insurance relief
Thirdly, the announcement promises 'fiscal and taxation support'. This means tax breaks, reduction of state fees for certain activities involved in the relevant industries and potentially adjustment o...
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Announced: 05 Jun 2016
In-kind grant
In addition to the electricity subsidies, the announcement promises the subsidised cost of land for eligible firms. Such subsidies can range from land sold at nationally standardised price levels to l...
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Announced: 05 Jun 2016
Production subsidy
On the 5th of June 2016, the State Council of the People's Republic of China announced it would be pushing various lesser government bodies to play their part in the support of the nonferrous metal in...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions