ANNOUNCED AS TEMPORARYNo
In the PRC Ministry of Industry and Information Technology's policy released on the 1st of March 2017, a plan is laid out to boost growth in the Chinese battery industry, specifically, batteries for automobiles. One of the instruments mentioned in the plan to be used to achieve this is the use of specific government 'funds' to invest into relevant firms. The release contemplates the establishment of an industry-specific development fund as well as utilizing existing government funds designated for the IT industry more generally.
⚑ Please report this page in case you detect an inaccuracy in its content.