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Auto investment regulations ushers in new era for entry approval and industry administration

The Administrative Regulations on Automotive Industry Investment (ARAII) is the most important policy for the auto industry this year and revolutionizes investment entry regulations by simplifying administrative procedures for new investment through record-based administration rather than approval-based administration, allowing diversified entities to invest in battery electric vehicle production. But it has also imposed tighter restrictions

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CAAM: zero growth for auto sales in 2019, NEV sales to hit 1.6 million units

CHANGSHA, Hunan – As the industry braces for its first negative growth in 28 years, China Association of Automobile Manufacturers (CAAM), which reports official monthly vehicle output and sales, has provided its outlook on the market in 2019: zero growth. The forecast was made at the Association’s 2019 China Automobile Market Development & Forecast Summit here on

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China automobile sales fall 13.86 percent in November 2018, YTD sales down 1.65 percent

BEIJING – China’s automobile market continued to slip with sales of over 2.54 million units in November, down 13.86 percent on a yearly basis, the fifth consecutive month sales have dropped, according to data released by China Association of Automobile Manufacturers (CAAM) on December 11. Passenger vehicle sales reached 2.17 million units, down 16.06 percent,

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