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Detailed auto stimulus plan released

(Xinhua)
Updated: 2009-04-02 15:31

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China aims for 10 million units in both vehicle production and sales this year, according to an online government document concerning detailed automobile support package.

China's automobile industry is to yield an average 10 percent growth for its production and sales in the next three years, said the document, released on Friday.

The stimulus package was unveiled by the State Council, the cabinet, on January 14, but the detailed plan was not released by the government until March 20.

The full text is available in the March Issue of Auto China. Please visit publications for more subscription details.