IMPLEMENTATION LEVEL

Subnational

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: 12 Sep 2016 | Removal date: open ended
Still in force

State loan

On the 12th of September 2016, China's Shaanxi Province announced it had established a fund of $900m to boost the integrated circuit industry in the region. This was only the beginning according to the Provincial Government - with the fund's eventual value set at $4.5bn. According to the minutes from a preliminary meeting in January 2016, the fund will be used to establish a 'multi-level capital market' and boost the operations of domestic 'strategic emerging industries', that are deemed to be spurring on growth in the IC industry in the region.

This act comes as part of the PRC Ministry of Industry and Information Technology's 2014 policy to boost the IC industry nationwide throughout the PRC.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

471 Electronic valves & tubes; electronic components; parts
8542 Electronic integrated circuits.
854231 Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
854232 Memories
854233 Amplifiers
854239 Other
854290 Parts

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