Posted on January 15, 2020

China has introduced several reforms to make its car industry more accessible and boost exports.

There are no limits on companies making fully electric and plug-in hybrid vehicles since 2018.

Restrictions on foreign ownership of local firms will be lifted by 2022; foreign carmakers were previously required to set up a 50/50 joint venture with a local firm.

Low tariffs included in free trade agreements will also help to boost exports.

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