FE Today Logo
Search date: 24-06-2019 Return to current date: Click here

China's industrial incentive policy - from global factory to intellectual powerhouse

China is known to be offering huge incentives to its private sector. Such perception is not incorrect. For example, according to a media report, "at an average subsidy of $10,000 per vehicle, China's central and local governments spent $7.7 billion on EV (electric vehicle) subsidies in 2017." Such deep subsidy...

Read more