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3w ago

OECD Finds Industry Subsidies at Post‑Crisis High and Shows Chinese Firms Receive Far Greater Support

An anonymized OECD database shows subsidies drove large market‑share gains that risk distorting global markets.

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Staatliche Zuschüsse, Steuervergünstigungen oder zinsvergünstigte Kredite: In China sind die Subventionen in wichtigen Industriezweigen wie Stahl, Auto, Halbleiter oder Solaranlagen drei-bis achtmal so hoch wie in den 38 OECD-Staaten.
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Overview

  • On Monday the OECD published an anonymized database called MAGIC and a report covering subsidies to 525 large industrial firms from 2005–2024.
  • Recorded industry subsidies rose to $108 billion in 2024, equal to about 1.3 percent of the sampled firms’ revenues and the highest level since the 2008–09 crisis.
  • The OECD found Chinese firms received on average three to eight times more support relative to revenue than competitors in OECD countries between 2005 and 2024.
  • The report estimates subsidies explain roughly 22 percent of global market‑share gains for expanding firms over two decades and about 60 percent of those gains for Chinese firms.
  • Subsidies are concentrated in photovoltaics, semiconductors, aluminum, steel and shipbuilding, prompting the OECD to warn these policies can create unfair advantages, excess capacity and to call for coordinated international responses.