BIZCHINA / Biz Media Digest
Auto: Centers to curb vehicle exports
(Shanghai Daily)
Updated: 2006-08-18 18:29
China announced the formation of its automobile and auto components
center yesterday as part of government's efforts to rein in fast
expanding auto exports and boost the sector's development.
The Ministry of Commerce said eight state-level centers would be set up
in cities including Shanghai, Tianjin, Xiamen and Chongqing.
Chery Automobile Co Ltd and First Automobile Works Group were also among
the first batch of 160 carmakers that have the export license, which is
now required to export cars and spare parts from January 1 next year.
(For more biz stories, please visit Industry Updates)
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