New Automotive Industry Policy Promises Rosy Prospects

A new policy has been issued in the wake of a booming automotive industry in China.

11 minute read October 02, 2004 at 12:58 AM

clpstaff and clp articles

By David Yu and Grant Chen, Llinks Law Office, Shanghai

China has seen rapid and sustained growth in the automotive sales market in recent years. Prior to June 1 2004, the previous automobile industry policy was issued in 1994 (the 1994 Policy).

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