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Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

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To: Road Walker who wrote (182592)11/12/2005 6:49:20 AM
From: John Carragher  Read Replies (3) of 186894
 
john you been over to China lately...g

China's new policy to focus on fuel efficiency

China will soon release a new policy encouraging development of fuel-efficient, compact cars, in a shift of strategy for a market that until recently was dominated by gas-guzzling sedans, state media reported this week.

Liu Zhijie, with the National Development Reform Commission, China's top planning agency, told an energy conference in Beijing the new policy would clarify rules on emissions and small engines, Xinhua News Agency reported.

His comments followed reports China is planning to raise taxes on large-engine vehicles.

seattlepi.nwsource.com
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