China to Promote Auto Imports in Next Five Years
A Chinese official from the Ministry of Commerce has announced that China will actively promote auto imports over the next five years to help the country restructure and upgrade its auto industry. Qian Jingfen, an official in charge of imports…
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at the MOC's Industrial Department, told an auto imports forum in Beijing that the auto import-promotion strategy will be implemented during the 12th Five-year Plan period (2011-2015) through corresponding financial, taxation and trade policies. Qian said China will encourage the imports of advanced auto equipment, key technologies and components of energy-saving and new-energy vehicles in the period.