{"id":479455,"date":"2026-06-02T16:39:30","date_gmt":"2026-06-02T16:39:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/479455\/"},"modified":"2026-06-02T16:39:30","modified_gmt":"2026-06-02T16:39:30","slug":"chinese-firms-overseas-expansion-fuelled-by-government-subsidies-oecd-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/479455\/","title":{"rendered":"Chinese firms\u2019 overseas expansion fuelled by government subsidies: OECD report"},"content":{"rendered":"

Chinese firms<\/a> receive three to eight times more government subsidies<\/a> than their global competitors, fuelling nearly 60 per cent of their gains in overseas market share in recent years, according to a global intergovernmental report.The findings are likely to keep Chinese companies on the radar of Western regulators as high-profile trade tensions<\/a> persist, despite strong disagreement from China\u2019s business community.<\/p>\n

The report, published on Monday by the Organisation for Economic Co-operation and Development (OECD), is based on the organisation\u2019s Manufacturing Groups and Industrial Corporations database, which tracks subsidies received by 525 of the world\u2019s largest manufacturing groups between 2005 and 2024 across 15 bedrock sectors.<\/p>\n

Subsidies across the monitored sectors reached US$108 billion in 2024, the second highest since 2005, representing 1.3 per cent of the firms\u2019 sales revenue.<\/p>\n

On average across the period, Chinese firms received industrial subsidies \u2013 grants, income-tax concessions and below-market borrowings \u2013 that amounted to nearly 2.5 per cent of their annual revenue, per the OECD report. North American firms came in a distant second at 0.9 per cent, followed by European enterprises with a subsidy proportion below 0.5 per cent.<\/p>\n

OECD said in the report that subsidies received by Chinese firms<\/a> were the main driver of their overseas expansion: almost 60 per cent of Chinese firms\u2019 global market share gains between 2005 and 2023 could be attributed to subsidies, compared with the global average of 22 per cent.<\/p>\n

\u201cIn almost all regions, industrial subsidies were higher in 2024 than on average over the period covered by the database. That said, the difference between subsidies received by Chinese firms and firms elsewhere remained higher in 2024,\u201d the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese firms receive three to eight times more government subsidies than their global competitors, fuelling nearly 60 per…\n","protected":false},"author":2,"featured_media":479456,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[813,2102,72,114,164371,81636,113,1813,61,60,206707,206708,29711,5688,61033,206705,5325,90,206706],"class_list":["post-479455","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-aluminium","tag-beijing","tag-business","tag-china","tag-chinese-chamber-of-commerce-to-the-eu","tag-chinese-firms","tag-economy","tag-europe","tag-ie","tag-ireland","tag-linlin-liang","tag-north-american-firms","tag-oecd","tag-semiconductors","tag-shipbuilding","tag-solar-photovoltaic-panels","tag-steel","tag-us","tag-western-nations"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/479455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=479455"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/479455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/479456"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=479455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=479455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=479455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}