Car dealership rules take new direction
By Li Fangfang | China Daily | Updated: 2014-08-05 07:19
Govt to alleviate inventory pressure, help consumers
The Chinese government is taking action to make the distribution of automobiles more transparent through simplifying the application and administration process, a move the industry regards as being related to an antitrust probe aimed at the fast-growing sector.
On Friday, the State Administration of Industry and Commerce issued a statement to halt applications for automobile dealerships as of Oct 1.
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