Global Trade Alert
Global Trade Alert

China (Guangzhou, Guangdong Province): Launch of Industry Investment Fund of Funds and Innovation Investment Fund of Funds with a total budget of CNY 200 billion

Announcement

19 Feb 2023

In February 2023, the People's Government of Guangzhou Municipality announced the launch of the Industry Investment Fund of Funds and the Innovation Investment Fund of Funds to support businesses in strategic sectors in Guangzhou. 

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Feb 2023

Revocation date:

No revocation date

Updated: 19 Feb 2023
Capital injection and equity stakes (including bailouts) In force

On 19 February 2023, the People's Government of Guangzhou Municipality announced the launch of a CNY 50 billion (approx. USD 7.3 billion) Innovation Investment Fund of Funds. The fund will provide ...

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Updated: 19 Feb 2023
State aid, unspecified In force

On 19 February 2023, the People's Government of Guangzhou Municipality announced the launch of a CNY 150 billion (approx. USD 21.8 billion) Industry Investment Fund of Funds. The fund will provide ...

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