Tag Archives: CRITERIA

China says will curb ‘haphazard and redundant’ auto investment

09 September, 2018 9:44 am 9:44 am

TIANJIN (Reuters) – China will strictly prevent ‘haphazard investment and redundant development’ in the automobile industry, an official from the state planning agency said , apparently referring to proposed rules on automakers’ investments in new capacity. Nian Yong, head of the National Development and Reform Commission’s (NDRC) Department of Industrial Coordination, said the agency will … Read More