China will make more
efforts to promote domestically-made sedans and auto parts in
the international market.
Deputy Minister of Commerce Wei Jianguo told a press
conference in Beijing that exporting sedans represents a country's
industrial capabilities and competitiveness in the global economy.
From now on, China will offer financial support and
export credits to a select group of enterprises producing vehicles
and auto accessories.
The selected enterprises are required to have defined
trade marks, efficient production methods and a large amount of
existing exports.
The initiative aims to make China a key supplier
of vehicles and auto parts in the world market.
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