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| www.chinaview.cn
2006-11-20 01:12:10
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Photo Gallery: Beauties and 2006 Int'l
Auto Exhibition
BEIJING, Nov. 19 (Xinhua) -- China will continue to
expand auto export while strengthening the technology innovation and brand
building, said Chinese Vice Premier Zeng Peiyan here on Sunday.
Chinese auto companies should bring in advanced
technology and management expertise, enhance their research ability and build up
their own brands, said Zeng when visiting the 2006 Beijing automotive
exhibition.
China has grown into world third largest auto
producer and second largest auto market. The exhibition opening at the weekend
has seen an unprecedented presence of China's home-grown brands, roughly one
third of the 572 vehicles on show, according to the organizers.
Chinese brands currently account for about one
quarter of China's auto sales. While consolidating their shares in low-end
products, Chinese companies are moving into more lucrative markets now dominated
by foreign carmakers.
Zeng said China should also develop more
energy-saving, environmental-friendly cars, and new types of car fuels to
alleviate the energy shortage.
The ongoing exhibition will be a platform to enhance
exchange and cooperation in world auto industry, he said.
According to the organizers, the auto fair has attracted 1,500 companies from twenty countries and regions across the world. It is expected to draw 500,000 visitors. [1] [2] [3] [4]
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