GAC expands Gonow Auto plant in Zhejiang province

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Investments

Chinese automaker plans to invest USD562 million in capacity expansion

Chinese state-owned automaker Guangzhou Automobile Industry Corp (GAC) Group has begun to renovate the Gonow Automobile plant in Hangzhou, Zhejiang province, eastern China, to expand the production capacity to 200,000 units per annum, beginning in October 2017.

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