Announcement
01 Mar 2017
March 1st, 2017 - the PRC Ministry of Industry and Information Technology published a new policy instigated by it and three other ministries calling for the development of the automotive battery industry in the PRC. It will be achieved with government investment from special funds, as well as corporation tax cuts for eligible firms.
The other participating government bodies are the Ministry of Science and Technology, the National Development and Reform Commission and the Ministry of Finance.
Source
Number of interventions
2
0 certainly harmful
2 likely harmful
0 liberalising
Implementation date
No implementation date
Revocation date:
No revocation date
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In the PRC Ministry of Industry and Information Technology's policy released on the 1st of March 2017, a plan is laid out to boost growth in the Chinese battery industry, specifically, batteries fo...
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