Global Trade Alert
Global Trade Alert

China: Government subsidies for listed company Hubei Xingfa Chemicals Group Co.,Ltd in year 2022

Announcement

01 Jan 2022

In 2022, the Chinese listed company Hubei Xingfa Chemicals Group Co.,Ltd announced it had received USD 28 million of government subsidies.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2022

Revocation date:

No revocation date

Updated: 01 Jan 2022
Tax or social insurance relief In force
In 2022, the Shanghai-listed firm Hubei Xingfa Chemicals Group Co.,Ltd (also known as XINGFA GROUP) disclosed in its stock exchange filings the receipt of approximately USD 13 million of tax rebates.H...
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Updated: 01 Jan 2022
Financial grant In force
In 2022, the Shanghai-listed firm Hubei Xingfa Chemicals Group Co.,Ltd (also known as XINGFA GROUP) disclosed in its stock exchange filings the receipt of approximately USD 14 million of government su...
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