Three bids have been submitted for General Motors Corp.'s (GM) German unit Adam Opel AG and it's now up to GM to decide which investor it favors before the government can assess any offer, a German economics ministry spokesman told reporters Friday.

Speaking at the same press conference, a government spokesman said that that he isn't aware whether a Chinese investor has also submitted a bid to GM, as a media report had suggested.

He also said he explicitly wanted to "leave it open" whether a meeting of German Chancellor Angela Merkel and key ministers as well as the heads of four German states, which have Opel plants, later this afternoon will generate a preliminary decision about any of the bids.

The government and states are mulling bridge financing for Opel.

Web site: www.bmwi.de

-By Andrea Thomas, Dow Jones Newswires; +49-30-288-8410; andrea.thomas@dowjones.com