Global Trade Alert
Global Trade Alert

China: Government subsidies for listed company Xcmg Construction Machinery Co., Ltd. in year 2021

Announcement

01 Jan 2021

In 2021, the Chinese listed company Xcmg Construction Machinery Co., Ltd. announced it had received USD 48 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 2021

Revocation date:

No revocation date

Updated: 01 Jan 2021
Financial grant In force
In 2021, the Shenzhen-listed firm Xcmg Construction Machinery Co., Ltd. (also known as XCMG) disclosed in its stock exchange filings the receipt of approximately USD 48 million of government subsidies...
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