Global Trade Alert
Global Trade Alert

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

Announcement

27 Dec 2024

In December 2024, the Chinese Ministry of Finance extended an interest payment subsidy scheme to support the large-scale renewal of equipment and technical transformation of key sectors "until the central bank's relending facility quota is fully utilized". 

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

27 Dec 2024

Revocation date:

No revocation date

Interest payment subsidy In force

On 27 December 2024, the Chinese Ministry of Finance adopted Caijin 2024/155, extending the interest payment subsidy scheme to support the large-scale renewal of equipment and technical transformation...

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