Global Trade Alert
Global Trade Alert

China: Government subsidies for listed company Xcmg Construction Machinery Co., Ltd. in year 2022

Announcement

01 Jan 2022

In 2022, the Chinese listed company Xcmg Construction Machinery Co., Ltd. announced it had received USD 56 million of government subsidies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2022

Revocation date:

No revocation date

Last action: 01 Jan 2022
Financial grant In force
In 2022, the Shenzhen-listed firm Xcmg Construction Machinery Co., Ltd. (also known as XCMG) disclosed in its stock exchange filings the receipt of approximately USD 56 million of government subsidies...
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