25-12-2006 Southwest
China's Chongqing Municipality will vigorously develop its auto parts industry
and expand investment in technologies and new product research and development
in an effort to optimize product structure. The
relevant governmental departments will also restrict market access and supervision
levels. For newly established and existing complete vehicle enterprises that plan
new investment projects in other products, they need to meet both industry policies
and their own conditions. For
existing enterprises which want to set up plants in other areas, production and
sales need to reach 80 percent of the approved capabilities.
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