200045 Resource 94086 94146 94146 1206114084548 1206114104276 Controlled Pilot auto parts recovery program

China initiated pilot auto parts recovery program to protect the environment

<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Verdana"><font color="#000000">In 2007, <country-region w:st="on" /><place w:st="on" />China</place /></country-region /> produced 8.88 million motor vehicles and scrapped more than 3 million vehicles. The current annual renewable auto parts are value at 700 million yuan. Based on the current prediction, the auto population will reach 65 million by 2010 and increase the vehicle scrap rate to over 4 million annually. The annual demand will also reach 65 million yuan, which 3.8 billion worth of renewed products.&nbsp;</font></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Verdana"><font color="#000000">&nbsp;</font></span><p /><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Verdana"><font color="#000000">The National Development and Reform Commission initiate the pilot auto parts recovery program aim to achieve sustainable development. Three auto markers and 11 parts manufacturers are participated. </font></span></p><p /></p> 9 application/xml false auto maker Green manufacturing renewable supply chain Xinhua News http://news.xinhuanet.com/english/2008-03/21/content_7835342.htm Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 6.0; SLCC1; .NET CLR 2.0.50727; .NET CLR 3.0.04506; InfoPath.1) 127.0.0.1 127.0.0.1 Establish 57.68.10.126 false true false false true 187565 false false true false false false true 94086 blog blogsite/ChinaSupplyChain/web