May 25, 2017 / 5:24 AM / 3 months ago

China will continue to relax foreign investment rules for auto industry

Car dealers and customers walk at a second-hand car market near a newly-built residential area in Hefei, Anhui province, China January 26, 2013.Stringer/Files

BEIJING (Reuters) - China will continue to relax foreign investment rules for the country's auto sector and other high end manufacturing, lifting restrictions in an orderly fashion, the commerce ministry said on Thursday.

The government is preparing to further open up the new energy vehicle battery market to foreign investment, Ministry spokesman Sun Jiwen told a regular briefing in Beijing.

Reporting by Sue-Lin Wong; Writing by Jake Spring; Editing by Michael Perry

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below