Global Trade Alert
Global Trade Alert

China (Shandong): Provincial government releases raft of support policies

Announcement

21 Sep 2018

September 21st, 2018 - The provincial government in China's Shandong Province announced a selection of new policies to boost local business.

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jan 2019

Revocation date:

No revocation date

Updated: 21 Sep 2018
Labour market access In force

The provincial authorities in Shandong also stated in their September 2018 announcement that highly skilled foreign workers would be eligible for three- or more year work permit extensions, and 'fo...

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Updated: 21 Sep 2018
FDI: Financial incentive In force

Also included in the Shandong government's announcement from September 2018 was a clause which focused on boosting foreign investment in the region.

It stated that financing of up to USD (C...

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Implementation date

01 Jan 2019

Revocation date:

No revocation date

Updated: 21 Sep 2018
Tax or social insurance relief In force

In September 2018, China's Shandong provincial government announced a reduction by 20% of urban land use tax for all firms - but with a further reduction of 30% (i.e. half the original amount) for ...

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Updated: 21 Sep 2018
Financial grant In force

On September 21st, 2018, the local authorities in China's Shandong Province made an announcement containing a series of measures supporting the 'high-quality development of the real economy' in the...

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