Announcement
20 May 2016
May 20th, 2016 - The PRC State Council released a plan to put more resources into the increased use of the Internet and relevant IT systems in manufacturing as part of its 'Made in China 2025' and 'Internet Plus' schemes.
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Number of interventions
4
0 certainly harmful
4 likely harmful
0 liberalising
List of interventions
Implementation date
20 May 2016
Revocation date:
No revocation date
Updated: 20 May 2016
Debt purchase
In force
Finally, the plan also mentions that there will be increased efforts from the Chinese State to seek out and outright purchase firms that it deems pertinent to the goals of this scheme. The explicit ex...
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Updated: 20 May 2016
State aid, nes
In force
In addition to this, the plan officially gives encouragement to various financial institutions to reduces restrictions on investments and loans to firms related to the plan.
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Implementation date
No implementation date
Revocation date:
No revocation date
Updated: 20 May 2016
Instrument unclear
On May 31st, 2018, the Chinese Ministry of Industry and Information Technology (MIIT) released an action plan indicating how government support outlined in the State Council's Guofa 2016/28 on boostin...
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Updated: 20 May 2016
Tax or social insurance relief
On the 20th of May 2016, China's State Council released a plan to deepen the use of the Internet and related IT services in the manufacturing sector.
One of the instruments used in this effort of pref...
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Related State Acts
05 Sep 2018
China (Chongqing): Municipal government announces subsidies for implementation of national scheme
02 Jul 2018
China (Shenzhen/Guangdong): Municipal government releases plan to boost internet in manufacturing, including subsidies
28 Sep 2016
China: Government boost to increase 'Smart Manufacturing' in China over the 13th Five-Year Plan period
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