Local governments actively introduce foreign investment to develop auto parts manufacturing

With the release of the Catalogue of Industries Encouraged for Foreign Investment (Draft for Public Comments), governments across the country have taken action to actively introduce foreign investment to develop the automotive parts manufacturing industry. From Shanxi to Xinjiang, provinces are formulating corresponding preferential policies and investment environments based on their own resource advantages and development needs to attract foreign investors to invest in the automotive parts manufacturing industry. This move is expected to further enhance the technical level and international competitiveness of my country's automotive parts manufacturing industry.