Announcement
21 Oct 2022
In October 2022, the Fujian Provincial Department of Finance announced the launch of a CNY 5 billion rescue fund to support the province's textile, footwear and clothing industries "to relieve the temporary liquidity difficulties".
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Oct 2022
Revocation date:
No revocation date
Updated: 21 Oct 2022
Capital injection and equity stakes (including bailouts)
In force
On 21 October 2022, the Fujian Provincial Department of Finance announced the launch of a CNY 5 billion (USD 690 million) rescue fund to support the province's textile, footwear and clothing indust...
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