SEMA Lauds New Chinese Sale Regulations - aftermarketNews

SEMA Lauds New Chinese Sale Regulations

DIAMOND BAR, Calif. — New Chinese laws enable U.S. aftermarket companies to sell products in China legally, according to a recent announcement from the Specialty Market Equipment Association (SEMA).

“Legal uncertainties have been a major deterrent to our member’s participation in the growing Chinese automotive market,” said SEMA Chairman Jim Cozzie. “This pro industry amendment sends an important signal to Chinese consumers and SEMA members that car personalization is legal and welcomed by the government of China. We applaud the Chinese government for recognizing the important role our industry will play in the future growth of their marketplace and their pledge to continue efforts to legalize specialty equipment.”

Li Rengui, chairman of the government-sponsored China International Auto Parts Expo, stated, “This is a major milestone in what has been an ongoing process to develop the automotive specialty-equipment market in China. This decision gives Chinese enthusiasts the ability and the freedom to personalize their cars and sends an important signal that the government supports the growth of this exciting industry.”

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