China will continue to
expand auto export while strengthening the technology innovation
and brand building, said Chinese Vice Premier Zeng Peiyan in Beijing 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.
(Xinhua News Agency November 20, 2006)
|