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NEV industry to be driven with more market forces

The government reaffirmed its strong support for the NEV industry. Three ministries including the Ministry of Industry and Information Technology (MIIT) jointly released their mid- and long-term plan for the auto industry on April 25. In a 10 year period to propel the nation into an automotive powerhouse, China will

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50:50 JV equity rule may be history by 2020

The Auto Industry Mid- to Long-Term Development Plan released on April 25 is the clearest indication yet that the relaxation of the 50:50 equity requirement for vehicle joint ventures in China is now just a matter of time. And that time may come sooner rather than later, judging from

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50:50 JV equity rule relaxation highlights new industry development roadmap

BEIJING – The Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the Ministry of Science and Technology (MOST) jointly released China’s Auto Industry Mid- to Long-Term Development Plan on April 25. The industry had been looking forward to this document for some time

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The annual session and the auto industry

The government work report delivered by Premier Li Keqiang at this year’s annual session of the National People’s Congress (NPC) on March 5 again touched upon several issues related to the auto industry. Automotive executives who are delegates of the NPC or members of the Chinese People’s Political Consultative Conference

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China’s 13th Five-Year Plan and the Auto Industry

The 13th Five-Year Plan for the Economic and Social Development of the People’s Republic of China (13th Five-Year Plan) was released by the Chinese government on March 17. The 20-section, 80-chapter and more than 60,000-character document outlines the country’s policy framework, priorities and economic and social development goals for 2016-2020,

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