IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 09 Nov 2016 | Removal date: open ended
Still in force

State loan

On the 9th of November 2016, the China Development Bank and Chinese Ministry of Industry and Information Technology signed a joint agreement, wherein the bank pledged to provide USD 44bn (CNY 300bn) of investment to support the scheme, within the 13th Five-Year Plan Period (2016-2020).

The sectors in question are based on Made in China 2025's 'Ten Areas' that will be targeted. They are as follows:

  1. New advanced information technology
  2. Automated machine tools & robotics
  3. Aerospace and aeronautical equipment
  4. Maritime equipment and high-tech shipping
  5. Modern rail transport equipment
  6. New-energy vehicles and equipment
  7. Power equipment
  8. Agricultural equipment
  9. New materials
  10. Biopharma and advanced medical products

 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

651 Land transport services of freight
652 Water transport services of freight
691 Electricity & gas distribution (on own account)
841 Telephony & other telecommunications services
842 Internet telecommunications services
846 Broadcasting, programming & programme distribution services

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