ANNOUNCED AS TEMPORARYNo
On the 4th of Augsust 2013, the Central People's Government of the PRC released a plan, building on a previous policy from 2009 (see related measure). The new plan promises government support for further expansion of the shipbuilding industry through, amongst other means, the encouragement of financial investments in the shipbuilding sector, 'to actively expand diverse channels of financing'.
Unlike the 2009 plan, this new one shifts the focus of the measures, directing investment into specific parts of the shipbuilding sector, such as environmentally-friendly shipbuilding processes and ships.
The plan will cover the period from its release until the end of 2015.
⚑ Please report this page in case you detect an inaccuracy in its content.