Regulations on auto financial company have been issued It is another green light for the recombination of auto industy

On October 3, China Banking Supervision Commission issued the “ Regulations on auto financial company,” and they began to be implemented on thesame day. This issued “ Regulations ” had begun to be drafted since the second half of 2001, and were completed on the basis of the revised edition which was announced to the public on October 8, 2002.