IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2018 | Removal date: 31 Dec 2018

Financial grant

In 2018, the Shangai-listed company SHANGHAI ELECTRIC disclosed in its stock exchange filings the receipt of approximately 1639 million USD of government subsidies. This represented a significant increase in the government subsidies obtained in the prior year (785 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

431 Engines & turbines & parts
8406 Steam turbines and other vapour turbines.
840681 Of an output exceeding 40 MW
840682 Of an output not exceeding 40 MW
840690 Parts
8408 Compressionignition internal combustion piston engines (diesel or semidiesel engines).
840810 Marine propulsion engines
8409 Parts suitable for use solely or principally with the engines of heading 84.07 or 84.08.
840910 For aircraft engines
840991 Suitable for use solely or principally with sparkignition internal combustion piston engines
840999 Other
8411 Turbojets, turbopropellers and other gas turbines.
841181 Of a power not exceeding 5,000 kW
841182 Of a power exceeding 5,000 kW
841199 Other
432 Pumps, compressors, hydraulic & pneumatic power engines; parts
8412 Other engines and motors.
841280 Other
841290 Parts
8413 Pumps for liquids, whether or not fitted with a measuring device; liquid elevators.
841370 Other centrifugal pumps
841382 Liquid elevators
8414 Air or vacuum pumps, air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters.
841430 Compressors of a kind used in refrigerating equipment
841490 Parts
8481 Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressurereducing valves and thermostatically controlled valves.
848110 Pressurereducing valves
433 Bearings, gears, gearing & driving elements; parts
8482 Ball or roller bearings.
848230 Spherical roller bearings
8483 Transmission shafts (including cam shafts and crank shafts) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers, including torque converters; flywheels and pulleys, including
848310 Transmission shafts (including cam shafts and crank shafts) and cranks
848320 Bearing housings, incorporating ball or roller bearings
848330 Bearing housings, not incorporating ball or roller bearings; plain shaft bearings
848340 Gears and gearing, other than toothed wheels, chain sprockets and other transmission elements presented separately; ball or roller screws; gear boxes and other speed changers, including torque converters
848350 Flywheels and pulleys, including pulley blocks
848360 Clutches and shaft couplings (including universal joints)
848390 Toothed wheels, chain sprockets and other transmission elements presented separately; parts
434 Ovens & furnace burners & parts
8514 Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss.
851490 Parts
435 Lifting & handling equipment & parts
8425 Pulley tackle and hoists other than skip hoists; winches and capstans; jacks.
842511 Powered by electric motor
842519 Other
842531 Powered by electric motor
842539 Other
8426 Ships' derricks; cranes, including cable cranes; mobile lifting frames, straddle carriers and works trucks fitted with a crane.
842699 Other
8427 Forklift trucks; other works trucks fitted with lifting or handling equipment.
842710 Selfpropelled trucks powered by an electric motor
842720 Other selfpropelled trucks
842790 Other trucks
8428 Other lifting, handling, loading or unloading machinery (for example, lifts, escalators, conveyors, teleferics).
842810 Lifts and skip hoists
842820 Pneumatic elevators and conveyors
842832 Other, bucket type
842833 Other, belt type
842839 Other
842860 Teleferics, chairlifts, skidraglines; traction mechanisms for funiculars
842890 Other machinery
8431 Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30.
843131 Of lifts, skip hoists or escalators
843139 Other
8709 Works trucks, selfpropelled, not fitted with lifting or handling equipment, of the type used in factories, warehouses, dock areas or airports for short distance transport of goods; tractors of the type used on railway station platforms; parts of the fore
870911 Electrical
870919 Other
870990 Parts
439 Other general-purpose machinery & parts
8414 Air or vacuum pumps, air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters.
841459 Other
8418 Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat pumps other than air conditioning machines of heading 84.15.
841869 Other
8419 Machinery, plant or laboratory equipment, whether or not electrically heated (excluding furnaces, ovens and other equipment of heading 85.14), for the treatment of materials by a process involving a change of temperature such as heating, cooking, roasting
841940 Distilling or rectifying plant
841950 Heat exchange units
841960 Machinery for liquefying air or other gases
841989 Other
841990 Parts
8420 Calendering or other rolling machines, other than for metals or glass, and cylinders therefor.
842091 Cylinders
8421 Centrifuges, including centrifugal dryers; filtering or purifying machinery and apparatus, for liquids or gases.
842119 Other
842121 For filtering or purifying water
842123 Oil or petrolfilters for internal combustion engines
842139 Other
8422 Dish washing machines; machinery for cleaning or drying bottles or other containers; machinery for filling, closing, sealing or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers;
842219 Other
842220 Machinery for cleaning or drying bottles or other containers
842230 Machinery for filling, closing, sealing, or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers; machinery for aerating beverages
842240 Other packing or wrapping machinery (including heatshrink wrapping machinery)
842290 Parts
8423 Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight operated counting or checking machines; weighing machine weights of all kinds.
842330 Constant weight scales and scales for discharging a predetermined weight of material into a bag or container, including hopper scales

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