Country-specific HS code duty reclaims

* Shenyang Mitsubishi Engine Factory started construction and Country-specific HS code duty reclaimsresumed production Recently, Shenyang Mitsubishi Engine Factory has resumed normal production, which has become a warm current for China's automobile industry. The company is a joint venture between Japan's Mitsubishi Corporation and China Shenyang Automobile Group Co., Ltd. All the engines produced are exported to Mitsubishi Automobile manufacturing plants at home and abroad. The resumption of production has enabled the long-awaited Mitsubishi automobile industry to recover in an orderly manner, further promoting the steady development of China's automobile market.I. Shenyang Mitsubishi Engine Factory restarted, bringing good news to automobile manufacturers. At the beginning of 2020, the global epidemic caused many automobile manufacturers to suspend production. The most affected are foreign joint ventures, which have problems such as shortage of raw materials, shortage of personnel, and tight supply of parts in their production. Therefore, many joint ventures have adjusted their production plans and postponed the resumption of work, resulting in a serious production break in the automobile industry. In the global automobile environment, the recovery of China's automobile market has become a new focus in the global automobile consumer market. As one of the world's famous automobile production bases, China's automobile industry has ushered in a good "ebb tide" period. With the resumption of production by automobile enterprises in many places across the country, China's automobile market has gradually recovered, and automobile manufacturers have ushered in good news. Shenyang Mitsubishi Engine Factory is one of the earliest foreign-funded enterprises to resume production in China's automobile industry.This resumption of work enables Mitsubishi to meet the needs of the domestic market in a timely manner, which not only promotes the recovery of China's automobile industry, but also injects new impetus into the economic development of the northeast region. II. Shenyang Mitsubishi Engine Factory sets sail again to set an example for other foreign-funded enterprises. The restart of Shenyang Mitsubishi Engine Factory not only brings hope to automobile manufacturers, but also plays a good encouraging role for other foreign-funded enterprises. The production and sales of foreign-funded enterprises in China have always been the most active in the world. However, at the beginning of the outbreak of the epidemic, for various reasons, many foreign-funded enterprises had various problems within the joint ventures in China. Since then, the plans of many enterprises have been forced to be postponed, and production and sales have been interrupted. This not only affects the production and economic development of enterprises, but also makes some resources in the market not effectively utilized.In the recent wave of resumption of work, Shenyang Mitsubishi Engine Factory has shown the advanced management experience of joint ventures and the ability to control the production line. They flexibly adjust production plans in case of emergency to ensure that vehicles stopped due to the epidemic can obtain engine parts in time. This not only provides the necessary materials for the market, but also sets a good example in the industry. III. Shenyang Mitsubishi Engine Factory opens again, bringing new vitality to the economy of the region. As the northeast region where Shenyang Mitsubishi Engine Factory is located, Shenyang City is one of the important industrial bases in China. With the resumption of production of Shenyang Mitsubishi Engine Factory, the automobile industry in the region will be further developed. The automobile industry is one of the most competitive and promising industries in the northeast region. It not only has a broad production market and sales channels, but also has a mature industrial chain and supply chain system.Many local governments are trying to provide a good investment environment for the automobile industry, provide support and policy support for automobile enterprises, and promote the rapid development of the automobile industry. Shenyang Mitsubishi Engine Factory is a very important enterprise. Its resumption is to further improve the local economic environment and stimulate the growth potential of the automobile industry. This not only helps to improve the local economic level, but also helps to solve local employment problems and further stimulate the development vitality of the region. In a word, the resumption of production of Shenyang Mitsubishi Engine Factory is a highlight of the development of China's automobile industry. As a source for automobile manufacturers to improve their production capacity and market competitiveness, restarting has an important significance and far-reaching impact on the steady development of the automobile market and economic changes.

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