Li­a­bil­ity law for ve­hi­cles to take ef­fect in Oct

China Daily (Hong Kong) - - BUSINESS DIGEST -

Le­gal safe­guards for Chi­nese ve­hi­cle own­ers will take ef­fect on Oct 1, sources at an in­dus­trial fo­rum said on Tues­day. The much-an­tic­i­pated reg­u­la­tions cov­er­ing li­a­bil­ity for re­pairs, re­place­ments and re­funds of pri­vate au­to­mo­tives, the first of their kind in the na­tion, was re­leased by the Gen­eral Ad­min­is­tra­tion of Qual­ity Su­per­vi­sion, In­spec­tion and Quar­an­tine early this year. The reg­u­la­tion ex­plic­itly stip­u­lates the main­te­nance pe­riod and lists spe­cific sit­u­a­tions un­der which ve­hi­cles may be re­placed and re­turned. China has be­come the world’s largest auto pro­ducer, with out­put and sales both ex­ceed­ing 19 mil­lion units in 2012.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.