Global Trade Alert
Global Trade Alert

China: Action plan to elevate China's international standing in the marine sector

Announcement

27 Nov 2017

November 27th, 2017 - China released a plan promising support for firms in the marine sector.

Source

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

27 Nov 2017

Revocation date:

31 Dec 2020

Updated: 27 Nov 2017
Local content incentive

Second to the above, the Marine Equipment Action Plan from November 2017 also encourages the overhaul of existing or outdated equipment to both modernise the industry, and increase demand for nativ...

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Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 27 Nov 2017
Debt purchase

On the 27th of November, 2017, the Chinese government announced a plan to turn the nation into a 'world class' place for marine engineering and infrastructure.

To achieve this, two channels...

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