Global Trade Alert
Global Trade Alert

China: Guideline for promoting large-scale equipment updates

Announcement

07 Mar 2024

In March 2024, the Chinese State Council released an Action Plan to promote the large-scale renewal of equipment in several industries. 

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 07 Mar 2024
State aid, unspecified
On 7 March 2024, the Chinese State Council published Guofa 2024/7, releasing an Action Plan to promote the large-scale renewal of equipment. Among others, the government will provide state aid to incr...
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Related State Acts

Announced: 19 Jan 2026

China: Expansion of interest payment subsidy scheme to support large-scale renewal of equipment and technological innovation (January 2026)

Announced: 23 Sep 2025

China (Tengchong County, Yunnan Province): State aid to support equipment improvements in the industrial sector

Announced: 01 Jul 2025

China (Jiangsu Province): State aid to support large-scale transportation equipment renewal

Announced: 09 Jun 2025

China (Shandong Province): State aid to support high-quality development of private economy

Announced: 25 Mar 2025

China (Henan Province): Interest payment subsidy scheme to support large-scale renewal of equipment

Removed: 19 Jan 2026

China: Extension of interest payment subsidy scheme to support large-scale renewal of equipment

Announced: 26 Aug 2024

China (Sichuan Province): State aid to promote large-scale equipment renewal by industrial companies

Announced: 14 Aug 2024

China (Qinghai Province): State aid to promote large-scale equipment renewal by companies in various sectors

Announced: 01 Aug 2024

China (Jiangsu Province): CNY 10 billion interest payment subsidy scheme to support transportation companies's large-scale equipment renewal

Announced: 24 Jul 2024

China: CNY 148 billion in additional state aid to support large-scale equipment updates

Announced: 12 Jul 2024

China: Corporate income tax incentive for companies investing in digital and intelligent transformations of "special equipment"

Removed: 31 Dec 2024

China: Interest payment subsidy scheme to support large-scale renewal of equipment

Announced: 12 May 2024

China (Hubei Province): State aid measures to support scientific and technological innovation in the province

Implemented: 15 Jan 2026

China: Central Bank announces CNY 500 billion relending facilty to support small and medium-sized tech companies

Announced: 27 Mar 2024

China (Jiangsu Province): Launch of CNY 20 billion equipment renewal loan guarantee scheme

Announced: 26 Mar 2024

China (Shenzhen, Guangdong Province): State aid to support development of high-end equipment industry clusters

Threads

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70698

interventions

194

jurisdictions