NDRC issued measures on automotive industry investment

18 December, NDRC issued No.22 order of 2018, the measures on automotive industry investment clarifying investment orientation, investment project standards, record-filing management, integrated inspection and production capacity monitoring and alarm. Cancelling completely registration system of automotive industry investment which shall be transferred to record-filing management by provincial-level government including joint venture passenger car, battery electric vehicle and also other registration issues managed by provincial-level government. Otherwise new access standards and strict market integrated inspection and monitoring mechanism of national-level are created stimulatingly on: *Capacity of traditional fuel-used vehicle; *Guiding the development of new energy vehicle; *Strengthening management of investment onRead More →

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