Industrial Policy & Trade Monitor· 2666 actions· ✨ 90 recent

China's Ministry of Finance, NDRC, Ministry of Industry and Information Technology, People's Bank of China and National Financial Regulatory Administration jointly issued Cai Jin [2026] No. 4 on 2026-01-19, establishing a central-fiscal loan interest-subsidy scheme for micro, small and medium-sized enterprises (MSMEs) operating in 14 designated industrial-chain and emerging-industry sectors. Eligible loans originated from 2026-01-01 receive a 1.5-percentage-point annual interest subsidy for up to two years, capped at RMB 50 million in principal per enterprise (maximum subsidy RMB 1.5 million per enterprise). The policy is tentatively set to run one year with a possible extension.

On 30 December 2025 the General Office of the Shanghai Municipal People's Government issued Hufubangui [2025] No. 20, a three-year action plan (1 January 2026 - 31 December 2028) to support the transformation and upgrading of advanced manufacturing. The plan sets quantitative targets — 100 new manufacturing enterprises with annual output above CNY 1 billion by 2028 (cumulative 600+), 500 new above-designated-size supply-chain enterprises, 100+ new national-level green factories, a robot density of 600 units per 10,000 workers, and 70%+ digital-equipment penetration — across next-generation electronics, intelligent connected new-energy vehicles, high-end equipment, advanced materials, green low-carbon and fashion consumer-goods industries, plus emerging bets on the low-altitude economy, commercial aerospace, embodied intelligence (robotics) and biomanufacturing. It is funded through tiered direct subsidies rather than tax relief: one-off R&D subsidies up to CNY 10 million, equipment/new-materials cost-share up to 30% of contract value (capped at CNY 20 million), technical- transformation loan/leasing interest support up to CNY 20 million cumulative, and 0.8-1.3% interest subsidies on component/material backup-inventory financing.

The Huadu District Government Office in Guangzhou (Guangdong Province) issued "Measures for Promoting High-Quality Development of New Energy and Intelligent Connected Vehicle Industries" (花府办规〔2025〕11号), effective upon issuance on 31 December 2025 for a two-year term. The package covers R&D-platform grants (up to RMB 100m per enterprise), model-promotion subsidies (up to RMB 50m per model), an L4+ autonomous-vehicle fleet-scale bonus (up to RMB 20m per enterprise), core-component investment rebates (1% of qualifying investment ≥RMB 50m, capped at RMB 300m), battery-production scale bonuses (up to RMB 60m for 5GWh+ output), at least RMB 200m for a "vehicle-road-cloud" integrated pilot zone (200+ autonomous vehicles, ~2,000 OBU retrofits), per-enterprise autonomous-fleet-operation subsidies (up to RMB 200m for qualifying passenger/cargo fleets), preferential industrial-land pricing (minimum 70% of benchmark rate), and facility-cost subsidies (up to RMB 150m/year for 3-5 years). It is a sub-provincial, district-level instrument implementing national NEV industrial-policy and the 2025-2026 Automobile Industry Stabilization and Growth Work Plan at the local level.

The Guangzhou Municipal Government Office issued document 穗府办规〔2025〕5号, the "Notice on Issuing the Guangzhou Three-Year Action Plan for Promoting Intelligent Connected New Energy Vehicle Industry Development," announced 14 June 2025 and effective 23 June 2025 for a three-year term through 22 June 2028. The plan targets NEV, autonomous-driving, and fuel-cell vehicles across passenger, commercial, and public-use segments, aiming for 2-3 Guangzhou-based NEV makers producing 500,000+ units annually by 2027 and L2+ smart-connected vehicles reaching over 90% of new vehicle sales.