Global Trade Alert
Global Trade Alert

China: State Council announces several measures to boost economy, including seven more sectors targeted by USD 241 billion of tax rebates

Announcement

24 May 2022

24 May 2022 - The Chinese State Council announced a range of measures to support certain industries.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 May 2022

Revocation date:

No revocation date

Updated: 24 May 2022
Tax or social insurance relief In force
On 24 May 2022, the Chinese State Council released Guofa 2022/12 (hereafter, 'Announcement'). The announcement contained 33 measures aimed at alleviating the economic stagnation caused by a stringent ...
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