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
Still in force

Financial grant

In 2018, the Shangai-listed company LA CHAPELLE disclosed in its stock exchange filings the receipt of approximately 190 million USD of government subsidies. This represented a significant decrease in the government subsidies obtained in the prior year (191 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

281 Knitted or crocheted fabrics
6002 Knitted or crocheted fabrics of a width not exceeding 30 cm, containing by weight 5 % or more of elastomeric yarn or rubber thread, other than those of heading 60.01.
600240 Containing by weight 5 % or more of elastomeric yarn but not containing rubber thread
6006 Other knitted or crocheted fabrics.
600621 Unbleached or bleached
600631 Unbleached or bleached
600690 Other
282 Wearing apparel, except fur apparel
6108 Women's or girls' slips, petticoats, briefs, panties, nightdresses, pyjamas, negligees, bathrobes, dressing gowns and similar articles, knitted or crocheted.
610821 Of cotton
6109 Tshirts, singlets and other vests, knitted or crocheted.
610910 Of cotton
6110 Jerseys, pullovers, cardigans, waistcoats and similar articles, knitted or crocheted.
611020 Of cotton
611030 Of manmade fibres
6111 Babies' garments and clothing accessories, knitted or crocheted.
611120 Of cotton
6202 Women's or girls' overcoats, carcoats, capes, cloaks, anoraks (including skijackets), windcheaters, windjackets and similar articles, other than those of heading 62.04.
620212 Of cotton
6203 Men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches and shorts (other than swimwear).
620342 Of cotton
6204 Women's or girls' suits, ensembles, jackets, blazers, dresses, skirts, divided skirts, trousers, bib and brace overalls, breeches and shorts (other than swimwear).
620462 Of cotton
6205 Men's or boys' shirts.
620520 Of cotton
6209 Babies' garments and clothing accessories.
620920 Of cotton
6212 Brassieres, girdles, corsets, braces, suspenders, garters and similar articles and parts thereof, whether or not knitted or crocheted.
621210 Brassieres

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