Centrally-Owned Enterprises to Invest in Electric Cars
Published:
2010-08-19
The State-owned Asset Supervision and Administration Commission is planning to invest 1.3 billion yuan in China’s electric car Industry. The heads of 16 Centrally-owned enterprises (COEs) will gather in Beijing to discuss the details of the plan. The meeting fuels speculation about the possible formation of a “national team” of electric car manufacturers.
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Economic Information Daily
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