Recently, MIIT has released a list of auto manufacturers after "the notice for establishing the system of quitting in auto industry". The manufacturers on the list will be persuaded to quit if fails to pass the audit. The period is from 1st, Nov 2013 to 31st, Oct 2013. Mr. Jia, a analyst in auto industry, said this notice will promote the combination and merging. MIIT said there are some enterprises being in off production or half off production among 1300 auto manufacturers, which has become main problem for combining. Along these methods to promote merging, the concentration of Chinese auto industry will be improved. According to relevant departments, the data should be 90% in 2015, compared with 82.2% in 2010.
MIIT Persuades 48 auto manufacturers to Quit for 1st Time
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