Announcement
20 Mar 2017
March 20th, 2017 - China's Jiangsu Province announced its official plan to boost 'advanced manufacturing' in the province as part of the Made in China 2025 scheme, through various subsidies and financial incentives to eligible firms.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Mar 2017
Revocation date:
31 Dec 2020
Updated: 20 Mar 2017
In-kind grant
In addition to the above, the announcement also mentions several other kinds of benefits available to eligible firms:
- Ease of land acquisition for any firm relevant to the scheme see...
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Updated: 20 Mar 2017
Tax or social insurance relief
As well as these subsidies, the plan mentions tax incentives for companies which 'update historically excellent industries'. Two specific incentives are detailed:
- Up to 8% annual inc...
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Updated: 20 Mar 2017
Financial grant
On the 20th of March, 2017, the provincial government in China's Jiangsu announced its implementation plan for a plan to boost 'Advanced Manufacturing' in the PRC (see related state act) as under t...
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