ANNOUNCEMENT 17 Jun 2016

June 17th, 2016 - The Chinese government released a new iteration of its catalogue of projects eligible for government support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

PRC Ministry of Industry and Information Technology, June 17th, 2016. (2016年智能制造试点示范项目公示)
http://www.miit.gov.cn/n1146285/n1146352/n3054355/n3057585/n3057597/c4849500/content.html

Ibid., no date. 'Smart Manufacturing Demonstration Platform Pilot Programme 2016 Implementation Action Plan' (智能制造试点示范2016专项行动实施方案)
http://www.miit.gov.cn/n1146295/n1652858/n1652930/n3757018/c5360117/part/6127016.doc

Inception date: 16 Jun 2016 | Removal date: open ended

Financial grant

In June 2016, the Chinese Ministry of Industry and Information Technology published a new catalogue of project to be targeted by a government support programme - please see related act for full information on this.

This intervention is classified as a financial grant due to a document released earlier about how the scheme would be implemented. The document contained a clause calling for the increased provision of 'industrial funds', as well as several subsequent releases that revealed some exact subsidy amounts.

The 2016 catalogue is a direct relative of one from 2015 (see related act), however the parent scheme for the 2015 catalogue is not the same as for this one: in this case it was an announcement from April 2016 which contained the MIIT's first response in terms of its plan to implement the Made in China 2025 programme.

64 projects were included in the scheme: 18 more than its 2015 relative, showing an increase in the scope of government support.

Some new sectors covered by the scheme include:

  • Knitwear
  • Explosives
  • Rare-earth metals
  • Oilfields

Later, in September 2016, a more specific implementation plan was released regarding this scheme, please see related act for more information.

Firms are eligible for three years after catalogue publication, or they can renew to extend this by another three years.

AFFECTED PRODUCTS

 
N/A