IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Apr 2017 | Removal date: 27 Apr 2020
Still in force

State loan

Subsequent to the Chinese government's national push to boost the automotive battery industry (see related measure), an announcement from Changsha City Municipal Government revealed that it had taken this to heart and would be immediately investing 870 million USD (6 billion CNY) in relevant firms in the region.

The investments will occur over the course of three years, with 754 million USD (5.2 billion CNY) to go to fixed assets and the remainder to working capital.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

464 Accumulators, primary cells & primary batteries; parts
8506 Primary cells and primary batteries.
850610 Manganese dioxide
850640 Silver oxide
850650 Lithium
850660 Airzinc
850690 Parts

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