Global Trade Alert
Global Trade Alert

China: Government subsidies for listed company Guangxi Liugong Machinery Co., Ltd. in year 2023

Announcement

01 Jan 2023

In 2023, the Chinese listed company Guangxi Liugong Machinery Co., Ltd. announced it had received USD 19 million of government subsidies.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2023

Revocation date:

No revocation date

Financial grant In force

In 2023, the Shenzhen-listed firm Guangxi Liugong Machinery Co., Ltd. (also known as LIUGONG) disclosed in its stock exchange filings the receipt of approximately USD 19 million of government subsidie...

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