Global Trade Alert
Global Trade Alert

China: Changxin Xinqiao receives CNY 14.56 billion in state aid through state-owned Circuit Industry Investment Fund

Announcement

31 Oct 2023

In October 2023, several news outlets consistently reported that Chinese semiconductor manufacturer Changxin Xinqiao received state aid worth CNY 14.56 billion from the state-owned National Integrated Circuit Industry 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

31 Oct 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 31 October 2023, several news outlets consistently reported that Chinese semiconductor manufacturer Changxin Xinqiao Memory Technologies Inc. received state aid worth CNY 14.56 billion yuan (approx...

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