Over 120 countries and regions converge in Shanghai to explore automotive market opportunities, just as China lifts all restrictions on foreign investment in the manufacturing sector

Written by PR Newswire

SHANGHAI, Nov. 6, 2023 /PRNewswire/ -- On 18 October, the Chinese Government announced the removal of all restrictions on foreign investment in the domestic manufacturing^[1]. While levies were already lifted in passenger car manufacturing^[2], it supports the wider automotive ecosystem as foreign businesses can invest in digitalisation,...

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