Global Trade Alert
Global Trade Alert

China: Government subsidy changes for listed company New China Life Insurance Company Ltd. in year 2010

Announcement

01 Jan 2010

In 2010, the Chinese listed company New China Life Insurance Company Ltd. announced it had received USD 16 million of government subsidies.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2010

Revocation date:

No revocation date

Updated: 01 Jan 2010
Financial grant In force
In 2010, the Shanghai-listed firm New China Life Insurance Company Ltd. (also known as NCI) disclosed in its stock exchange filings the receipt of approximately USD 16 million of government subsidies....
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