IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: No inception date

Instrument unclear

On the 11 March 2015, China's State Council disseminated an edict, 'Opinion on developing and promoting large-scale innovation and entrepreneurship in business', urging provincial and local governments to put policies in place to encourage synergy between Chinese innovative tech firms in order to keep China's tech industry in its position of global respect. This is to be achieved through the active provision of investments through venture capital firms and public funding, as well as tax breaks for eligible firms.

The opinion has already been implemented in some regional jurisdictions; see related measures.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

831 Management consulting & management services; ITC services

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