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Fuel consumption limits on heavy-duty vehicles: a trigger of industry “shock”?

The Fuel Consumption Limits of Heavy-Duty Commercial Vehicles (Stage III, draft for comment) has been completed and submitted to the Ministry of Industry and Information Technology (MIIT) for approval. The following reveals some important information before the official release of the draft.   Major aim: reduce fuel consumption Vehicle diesel

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New measures give major boost to used car market, but issues remai

Less than three weeks after Chinese Premier Li Keqiang called for the invigoration of the country’s used car market in his government work report, the State Council General Office issued a guideline on March 25 with specific measures aimed at providing consumers more convenience in buying and selling a used

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China to further support NEV industry development

BEIJING – China mapped out plans to further support new energy vehicle (NEV) industry at a State Council executive meeting chaired by Premier Li Keqiang on February 24, deciding to boost green development through industry structure optimization. China should make core technological breakthroughs relying on mass entrepreneurship and innovation so

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The debate on market saturatio

When will China’s auto market saturate in terms of annual sales volume and vehicle parc, and at what levels?  This is a question that has been repeatedly asked and debated in the industry and executives and officials have given a wide range of predictions over the years: from 30 million

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China closer to relaxing equity threshold on vehicle JVs

The State Council’s decision to allow foreign firms to establish wholly-owned motorcycle and related components manufacturing facilities inside the Shanghai Free Trade Zone (Shanghai FTZ) is a sign that China is closer to relaxing the 50:50 equity share threshold on vehicle assembly joint ventures. On September 28, China’s cabinet said

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Crossing the “red line” of equity share control?

Visiting Premier Li Keqiang’s comment on joint venture equity control in Germany no doubt triggers great interests among automotive circles at home and abroad. But none of the polarized parties in support or opposition of continued equity share control on foreign invested JVs should be too optimistic. FAW may feel

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