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A few days ago, the National Development and Reform Commission and the Ministry of Commerce jointly issued the Catalogue of Advantageous Industries for Foreign Investment in the Central and Western Regions (Revised in 2004). The Catalogue will be implemented as of September 1 this year. It is understood that the new "Middle West Catalogue" mainly includes four areas, of which auto parts have been included in the field to accelerate the development of local advantageous industries. According to the person in charge of the National Development and Reform Commission, the foreign investment projects and enterprises that are part of the new Catalogue of Central and Western Regions enjoy the relevant policies and related preferential policies for the encouraged projects under the “Guidance on the direction of foreign investmentâ€. Source: China Automotive News
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