China's auto industry has faced many changes in market entry policy, enforcement action and sales and distribution rules, but 2015 could be one of the most difficult years so far. Here is what car makers need to know to survive
China's auto industry has faced many changes in market entry policy, enforcement action and sales and distribution rules, but 2015 could be one of the most difficult years so far. Here is what car makers need to know to survive
Prior approvals for the establishment of (sub-)branches in the FTZ by marine insurance operation centres and reinsurance companies located in Shanghai are abolished
The Measures specify that, among the promoters, at least one is to be a qualified commercial bank, manufacturer or foreign lease financing company and its capital contribution is to account for not less than 30% of the share capital.
New Measures have opened up investment opportunities for aircraft and vessel lease financing companies. But Xin Zhang and Miller Wang believe more clarity and support is needed before companies can start to set up offshore and tap into the global leasing market
Issued: March 3 2014Main contents: The proposed amendments increase administrative penalties. If a production or other business entity fails to take measures…