IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
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Inception date: 01 Jan 2017 | Removal date: 31 Dec 2017

Financial grant

In 2017, the Shangai-listed company ZHUZHOU SMELTER disclosed in its stock exchange filings the receipt of approximately 109 million USD of government subsidies. This represented a significant increase in the government subsidies obtained in the prior year (77 million USD).

In China it is a legal requirement that publicly-listed firms report any subsidies received from government bodies. The stated subsidy amounts refer to a given calendar year. It is possible that this firm received other forms of state aid that have not been declared.

The affected products and sectors have been chosen based on the "main products" and CSRC sector classification reported in the financial data of the firm. The subsidy amounts in USD were computed using the year-average exchange rate to the Chinese Yuan. The subsidy amount(s) reported here are the cash equivalents as estimated by the recipient firm.

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

413 Basic precious metals & metals clad with precious metals
7106 Silver (including silver plated with gold or platinum), unwrought or in semimanufactured forms, or in powder form.
710610 Powder
710691 Unwrought
710692 Semimanufactured
7110 Platinum, unwrought or in semimanufactured forms, or in powder form.
711021 Unwrought or in powder form
414 Copper, nickel, aluminium, alumina, lead, zinc & tin, unwrought
7405 Master alloys of copper.
740500 Master alloys of copper.
7801 Unwrought lead.
780110 Refined lead
780191 Containing by weight antimony as the principal other element
780199 Other
7901 Unwrought zinc.
790111 Containing by weight 99.99 % or more of zinc
790112 Containing by weight less than 99.99 % of zinc
790120 Zinc alloys
415 Unfinished products of copper, nickel, aluminium, lead, zinc or tin
7406 Copper powders and flakes.
740620 Powders of lamellar structure; flakes
7606 Aluminium plates, sheets and strip, of a thickness exceeding 0.2 mm.
760611 Of aluminium, not alloyed
760692 Of aluminium alloys
7804 Lead plates, sheets, strip and foil; lead powders and flakes.
780419 Other
7905 Zinc plates, sheets, strip and foil.
790500 Zinc plates, sheets, strip and foil.
416 Other non-ferrous metals, cerments & articles thereos
8105 Cobalt mattes and other intermediate products of cobalt metallurgy; cobalt and articles thereof, including waste and scrap.
810520 Cobalt mattes and other intermediate products of cobalt metallurgy; unwrought cobalt; powders
810590 Other

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