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Five-Year Plan Of The China Automotive Industry

16-11-2007

Recently, China related bureau expressed the Five-Year Plan of China automotive industry. The general guidelines for developing the automotive industry in China is to meet the ever-increasing needs of the domestic market through opening up and accelerating 'self-development." The development of relevant spare parts will be regarded as the basis and economy vehicles and it will be the focus of development. The country will try to hasten product adjustments and upgrades.

Large corporations will serve as the backbones, which will be helpful in realizing the optimization of the structure of the automotive industry and achieve mass production. More national technical centers will be set up to enhance technique-innovation and production-development abilities. Market surroundings will be improved and management based on the legal system will be strengthened to promote fair competition. Greater efforts will be made to try to exert comparative advantages and enhance China's overall competitive ability in the world market.


Editor:Frederick Wei from Chinabuses.com


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