Ambitious plans in spite of a gloomy global outlook
By Zhuan Ti | China Daily | Updated: 2011-03-05 07:37
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Employees on the MG automobile assembly line in Nanjing. The Nanjing Automobile Corp purchased the MG Rover Group and its engine production line in 2005, the first Chinese company to acquire a foreign automobile company. |
Jiangsu province has favorable conditions for economic and social development so it expects rapid economic and social progress, the province's Party chief recently remarked. But, that does not mean that it does not face some serious challenges.
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