Global Trade Alert
Global Trade Alert

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

Announcement

24 Jul 2024

In July 2024, the Chinese National Development and Reform Commission (NDRC) announced allocating CNY 148 billion in state aid to support companies' renewal of equipment. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

24 Jul 2024

Revocation date:

No revocation date

State aid, unspecified In force

On 24 July 2024, the Chinese National Development and Reform Commission (NDRC) published Fagai huanzi 2024/1104, announcing several measures to support equipment renewal and trade-in of consumer goods...

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