IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

state-controlled

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 May 2017 | Removal date: open ended
Still in force

State loan

On May 16th 2017, The China News Service announced the establishment of a 21.78bn USD (150bn CNY) fund for use by state-operated enterprises (SOEs) to invest in new technologies and make the firms more globally competitive.

The fund will be jointly controlled by the China Aerospace Science and Technology Corporation (CASTC) and the State-owned Assets Supervision and Administration Commission of the State Council.

Affected sectors are taken from comments made by CASTC general manager, Wu Yansheng, at the launch ceremony of the fund.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

652 Water transport services of freight
673 Supporting services for railway transport
675 Supporting services for water transport
676 Supporting services for air or space transport
691 Electricity & gas distribution (on own account)
831 Management consulting & management services; ITC services
842 Internet telecommunications services
941 Sewerage, sewage treatment & septic tank cleaning services
942 Waste collection services
943 Waste treatment & disposal services
944 Remediation services
945 Sanitation & similar services
949 Other environmental protection services n.e.c.

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