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China

FAW plans to increase Hongqi brand’s annual production capacity to 184,000 units

According to various media sources, Changchun Municipal Bureau of Ecology and Environment announced that China FAW Group Co., Ltd. (FAW) is planning a CNY 470 million investment for reconstruction of the production lines at its 1st Plant in Changchun. FAW aims to realize 184,000 units in Hongqi brand’s annual product....

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