Global Trade Alert
Global Trade Alert

China: Special guarantee plan to support innovation of technology-based and high-tech SMEs

Announcement

24 Jul 2024

In July 2024, the Chinese Ministry of Finance announced a "Special Guarantee Plan", according to which the National Financing Guarantee Fund will increase guarantees on loans taken by technology-based SMEs as well as SMEs recognised as high-tech enterprises. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jul 2024

Revocation date:

No revocation date

Updated: 24 Jul 2024
Loan guarantee In force

On 24 July 2024, the Chinese Ministry of Finance adopted Caijin 2024/60, announcing a "Special Guarantee Plan" to support technology-based SMEs as well as SMEs recognised as high-tech ente...

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