With so many airlines operating in the PRC, private airlines find it hard to make profit amidst the many state-run competitors. In spite of liberalization, financing and cumbersome regulatory procedures have failed to produce a level playing field. To further enhance the aviation industry, these problems must be addressed in order to give private airlines more room to grow.
China Railway Construction Corporation raised HK$18.3 billion [before exercise of the over-allotment option] H-share offering, which started trading on the Hong Kong Exchange in March.
China Railway Construction Corporation raised HK$18.3 billion [before exercise of the over-allotment option] H-share offering, which started trading on the Hong Kong Exchange in March.
The Rules specify the qualifications for production of alternative energy vehicles and the administration of the vehicle production enterprises and products.
New rules issued by the NDRC represent the Chinese government's most recent effort to centrally manage the development of the domestic Chinese auto industry, while still promoting the innovation required for its success. The modern auto industry presents the nation with what is arguably one of the most technology-intensive and innovation-laden challenges yet. Whether such government-led innovation can be successful will certainly be interesting to watch as the rules are played out.
New rules issued by the NDRC represent the Chinese government's most recent effort to centrally manage the development of the domestic Chinese auto industry, while still promoting the innovation required for its success. The modern auto industry presents the nation with what is arguably one of the most technology-intensive and innovation-laden challenges yet. Whether such government-led innovation can be successful will certainly be interesting to watch as the rules are played out.