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 2015 | Removal date: 31 Dec 2015

Financial grant

In 2015, the Shangai-listed company KIBING disclosed in its stock exchange filings the receipt of approximately 218 million USD of government subsidies. This represented a significant decrease in the government subsidies obtained in the prior year (778 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

231 Grain mill products
1102 Cereal flours other than of wheat or meslin.
110290 Other
342 Basic inorganic chemicals n.e.c.
2836 Carbonates; peroxocarbonates (percarbonates); commercial ammonium carbonate containing ammonium carbamate.
283630 Sodium hydrogencarbonate (sodium bicarbonate)
354 Chemical products n.e.c.
3302 Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufa
330290 Other
371 Glass & glass products
7005 Float glass and surface ground or polished glass, in sheets, whether or not having an absorbent, reflecting or nonreflecting layer, but not otherwise worked.
700510 Nonwired glass, having an absorbent, reflecting or nonreflecting layer
700521 Coloured throughout the mass (body tinted), opacified, flashed or merely surface ground
700529 Other
7020 Other articles of glass.
702000 Other articles of glass.
372 Non-structural ceramic ware
6909 Ceramic wares for laboratory, chemical or other technical uses; ceramic troughs, tubs and similar receptacles of a kind used in agriculture; ceramic pots, jars and similar articles of a kind used for the conveyance or packing of goods.
690911 Of porcelain or china
6910 Ceramic sinks, wash basins, wash basin pedestals, baths, bidets, water closet pans, flushing cisterns, urinals and similar sanitary fixtures.
691010 Of porcelain or china
6911 Tableware, kitchenware, other household articles and toilet articles, of porcelain or china.
691110 Tableware and kitchenware
381 Furniture
9403 Other furniture and parts thereof.
940330 Wooden furniture of a kind used in offices
940360 Other wooden furniture
940389 Other
469 Other electrical equipment & parts
8531 Electric sound or visual signalling apparatus (for example, bells, sirens, indicator panels, burglar or fire alarms), other than those of heading 85.12 or 85.30.
853180 Other apparatus
473 Broadcast recording apparatus; microphones, loudspeakers, etc.
8528 Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radiobroadcast receivers or sound or video recording or reproducing apparatus.
852859 Other
474 Parts for the goods of classes 4721 to 4733 & 4822
8529 Parts suitable for use solely or principally with the apparatus of headings 85.25 to 85.28.
852990 Other

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