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)
|
