Crucial Reforms to Civil Aviation

Transnational Procurement Groups to Become Independent Exporters

Shanghai Began Charging for Surface Water Resources

Four Beijing Olympiad Business Opportunity Cards

Benz Comes to Beijing

Unemployment Rises

Yuhuan County Prepares to Build Classic Chinese Furniture Export Base

Wenzhou Welcomes Private Capital and Foreign Investment

Benz Comes to Beijing

Daimler Chrysler and Beijing Automotive Industry Holding Co. have signed a framework agreement whereby Daimler Chrysler uses the Beijing Jeep Corporation Ltd. facilities to produce C-Class and E-Class Mercedes-Benz cars. Within a few years of start-up, its annual output is expected to reach 25,000. Daimler Chrysler also uses Beijing Automotive's Beiqi Futian Automobile Co. middle-sized and heavy-duty trucks manufacturing facilities to produce commercial cars. Estimated investment is 1 billion euro (about 9 billion RMB). Engines and other parts and accessories will be manufactured concurrently.