Global Trade Alert
Global Trade Alert

China (Hefei, Anhui Province): State aid of CNY 500 million to augmented reality company Rokid

Announcement

08 Jan 2024

In January 2024, according to several media reports, the Hefei Municipal Government provided state aid of CNY 500 million to the augmented reality company Rokid.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

08 Jan 2024

Revocation date:

No revocation date

State aid, unspecified In force

On 8 January 2024, according to consistent media reports, the Hefei Municipal Government provided state aid of CNY 500 million (USD 69.8 million) to the augmented reality (AR) company Rokid. The repor...

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