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The reform and “toughening-up” of the auto industry policy

China’s next 40 years of reform and opening up will begin with the implementation of the most overarching and revolutionary policy in one of its most important industries.

The Administrative Regulations on Automotive Industry Investment (ARAII) released on December 18 by the National Development and Reform Commission (NDRC), China’s top economic planner, will go into effect January 10, 2019 (see Auto investment regulations ushers in new era for entry approval a

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