Global Trade Alert
Global Trade Alert

China: Chengdu Silan receives CNY 1 billion in state aid through state-owned Circuit Industry Investment Fund

Announcement

29 May 2023

In May 2023, according to consistent news and government reports, the Chengdu subsidiary of Chinese company Silan Semiconductor Manufacturing received state aid worth at least CNY 1 billion from the state-owned National Integrated Circuit Industry (IC) Investment Fund.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

29 May 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 29 May 2023, according to consistent news and government reports, the Chengdu subsidiary of Chinese company Silan Semiconductor Manufacturing received state aid worth at least CNY 1 billion (USD 14...

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