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MNI BRIEF: China Equip't Renewal Policy Includes Foreign Firms

MNI (BEIJING)
MNI (Beijing)

China’s Ministry of Commerce will ensure foreign firms can participate equally in equipment renewal and old-for-new exchange policies going forwards, Ling Ji, vice minister of Commerce told international business leaders on Wednesday.

Speaking at a round-table event held to clarify interpretations, Ling said the policy would expand domestic demand and bring opportunities for all types of enterprises, including foreign-funded firms.

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China’s Ministry of Commerce will ensure foreign firms can participate equally in equipment renewal and old-for-new exchange policies going forwards, Ling Ji, vice minister of Commerce told international business leaders on Wednesday.

Speaking at a round-table event held to clarify interpretations, Ling said the policy would expand domestic demand and bring opportunities for all types of enterprises, including foreign-funded firms.

Keep reading...Show less