CHINA: Vehicle and parts import quotas raised for 2004 - report
China's Ministry of Commerce has raised the country's import quota of vehicles and automotive parts to $US10.49 billion for 2004, further increasing market access for foreign car makers, Dow Jones reported. Following its commitments to the World Trade Organisation, China previously raised its quota for imports of vehicles and components to $8 billion in 2002 from $1.7 billion in 2001, the news agency noted. Dow Jones said China's trading partners have complained, however, it is unclear how the government allocates the rights to import vehicles, resulting in much of the official quotas going unused.
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