ANNOUNCEMENT 04 Jun 2012In June 2012, the government of China announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
On 4 June 2012, the Ministry of Finance issued Notice No. 276 of 2012. To promote the purchase of energy saving refrigerators, subsidies will be given out between 1 June 2012 and 31 May 2013 on the following conditions:
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.