China Knowledge reported that FAW Group, China fourth largest automaker invested a total of CNY 12.9 billion or USD 1.96 billion in research and development in the 11th Five year Plan period starting from 2006 to 2010.
As per report, boosted by the investment, the company yielded over 400
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Tuesday, January 4, 2011
FAW spends CNY 12 billion on auto research from 2006 to 2010
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