China Market

100 Automobile And Components Bases Will Born In China

Resource from: 24 Oct,2005
Mr. Huanghai, the sectary of Commercial Ministry released that 100 automobile and components bases will be established in China.

“Together with China Development and Reform Committee, Commercial Ministry will establish a modern, competitive, open and orderly-organized automobile market system. 100 selected automobile and components enterprises with certain scale and independent intellectual property will be awarded the title of “state-level exported base” Mr. Huanghai released at Shanghai international automobile conference.

  It is reported that the State Council has reached an agreement on establishment of state-level automobile and components exported base and propping up a group of state-level export enterprise. In order to build the supplying base, the related policy will be issued, which covers assisting automobile and component enterprises in their research and development, completing exported credit insurance by adding new items, appropriately declining the insurance rate, encouraging technology introduction, advocating alliance strategy between automobile component industry and large transportation enterprise, offering great support to automobile enterprise.
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