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New regulations on auto investment to tighten industry supervision, replace 14-year-old AIDP

BEIJING – The National Development and Reform Commission (NDRC) has issued a draft of regulations that aims to tighten supervision and raise investment thresholds in the auto industry.

The Administrative Regulations on Automotive Industry Investment (ARAII) (draft to solicit public opinion), a copy of which CBU/CAR has obtained, is expected to replace the Automotive Industry Development Policy (AIDP), which has been in place since 2004 governing investment in the auto industry.

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