Over 120 countries and regions converge in Shanghai to explore automotive market opportunities, just as China lifts all restrictions on foreign investment in the manufacturing sector
On 18 October, the Chinese Government announced the removal of all restrictions on foreign investment in the domestic manufacturing[1]. While levies were already lifted in passenger car manufacturing[2], it supports the wider automotive ecosystem as foreign businesses can invest in digitalisation, high-tech manufacturing and innovation. As co-organisers of several automotive trade fairs in China, Messe Frankfurt […]
