IMPLEMENTATION LEVEL

National

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 Jun 2018 | Removal date: open ended
Still in force

State loan

On the 12th of June, 2018, China's National Development and Reform Commission officially announced the establishment of a USD 48.8bn (CNY 300bn) fund to support the government's plans to boost 'strategic emerging industries'.

This announcement officially cites the related state act as the plan that will guide the funds. This means money will go towards investment through venture capital, bonds, tax reductions, subsidies and direct financial injections into eligible firms.

For more information on the main plan, please see related state act.

AFFECTED COUNTRIES

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