Xinhua News Agency reports that China’s new automotive industry policy is expected to be announced by the end of June, according to Zhang Guobao, vice-minister of the State Development and Reform Commission.

Dongfeng Motor Corp Chairman Miao Wei disclosed this at a ceremony for the ‘capability enhancement of a plant of the Dongfeng Motor Co Ltd, a joint venture between Dongfeng Investment and Japanese car maker Nissan’.

Miao quoted the Chinese vice-minister as saying this, the Xinhua report said.