Chinese car manufacturers set to benefit from new low carbon measures
Chinese car manufacturers are set to benefit from an announcement made by the State Council to build more charging facilities across China and provide extra support into research and development of new energy vehicles. Shares of China's car makers in Hong Kong rose, as speculation in the market suggested that it would be one of the first cities to benefit from the new measures to promote the use of low carbon vehicles.

BYD E6 electric car is plugged into a charging unit in Hong Kong as shares of the company jumped during trading in the city's stock market. Photo: Reuters