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China Automotive Industry's Main Tasks In Next Decade

23-11-2007

China will promote strategic reorganization of the automotive industry and provide support and direction to cooperate between influential corporations. Powerful corporations will be encouraged and supported to develop further and become bigger and stronger. Distribution of resources will be optimized and a pattern of large automobile corporation groups will be established. A supplementary system of auto parts manufacturing will also be developed to improve competitive ability. Step by step, China will enhance the independent ability to develop and spread new products, techniques, materials and energy sources actively to encourage the advancement of techniques, accelerate development of the automotive industry and upgrade automobile products. High and new technologies will be employed to develop key automobile spare parts, which will gain either a comparative advantages or larger developmental potential. Efforts will be made to enhance the country's ability to develop new products and strengthen the competitive ability to realize the simultaneous development of spare parts with whole vehicles and take part in the international division of labor.

A perfectly functioning modern marketing system and sourcing network will be developed to make use of the resources reasonably and efficiently and to provide the consumer with all-round services. The country will bring out its comparative advantages and strengthen cooperation with foreign corporations in economy and technique to cultivate its own exceptional products in the automotive industry. Efforts will be made to extend the international market and promote the exporting of China-made automobile products.


Editor:Frederick Wei from Chinabuses.com


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