We digitized and cleaned China's WTO subsidy notifications from 2001 to 2022, allowing an examination of the country's industrial subsidies over the past two decades for the first time. Our analysis yields five key findings. Potential avenues for future research include examining the role of subsidies in addressing overcapacity in the steel industry and their labor market impacts, as well as analyzing the effects of industrial subsidies on China's trade flows, leveraging methodologies from the l
