ANNOUNCED AS TEMPORARYNo
State aid, unspecified
On August 5th, 2020, the Chinese State Council released Guobanfa 2020/28 (hereafter, 'Announcement'), which stated the government's intention to both safeguard current foreign investment in the country while continuing to attract more of it going forward despite the negative effects of the COVID-19 pandemic on the world's economy.
In terms of specific support instruments, the Announcement listed 15 policy directions that would be used to achieve the abovementioned aim, of which the ones relevant to the GTA's research are listed below:
The GTA uses these top-level announcements to track a policy as it filters down the various levels of government, hence why this is included on the site with an amber, not-yet-implemented research rating.
Any policies arising from the promulgation of this Announcement will be linked to this state act.
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