Exclusive: Wuhan, recovering from virus, weighs policies to help hometown automaker Dongfeng

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Exclusive: Wuhan, recovering from virus, weighs policies to help hometown automaker Dongfeng
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Exclusive: China’s Wuhan city is considering steps to support its biggest local automaker Dongfeng, according to a draft policy document reviewed by Reuters. brendagoh_ and Yilei Sun report

“All government departments should roll out real policies to support Dongfeng’s development,” Wuhan’s Communist party secretary Wang Zhonglin said last month during a visit to Dongfeng’s plant, describing the company as a “locomotive” of the city’s industrial development.

Wuhan city’s taxi fleets could also purchase 3,400 Dongfeng-made electric taxis, while the city would prioritize using Dongfeng-made utility-purpose vehicles, it said. Under the plan, local authorities would buy land from Dongfeng PSA venture’s Wuhan 1 plant, and would also support a move by Dongfeng’s premium electric vehicle project to use plants idled after Renault last month exited a joint venture with Dongfeng.

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