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BRIEF-Chongqing Changan Automobile received 120 mln yuan R&D subsidies

Jan 27 (Reuters) - Chongqing Changan Automobile Co Ltd

* Says received 120 million yuan ($19.21 million) research and development subsidies from local government

Source text in Chinese: http://bit.ly/18nC1TW

Further company coverage: ($1 = 6.2462 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)