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Author:Lu, Shengliang
Title:Trade investment liberalization and the development of auto industry in China (original in Chinese)
Journal:China Industrial Economy (c)
1996 : 12, p.44-48
Index terms:CAR INDUSTRY
INVESTMENT
CHINA
FOREIGN INVESTMENT
Language:chi
Abstract:Foreign investment has played an active role in the development of auto industry. It has raised China's capacity of producing vehicles, helped make product mix increasingly rational, brought advanced technology and management expertise and also trained a large batch of professionals. But there exist some problems. The too much investment in leading products led to over production. The "enterprises in the three forms of ventures" generally have weak capacity of developing independently. As a result a wide varieties of vehicles are introduced from many countries. China's policy towards auto industry should help promote the merger of enterprises, raise Chinese auto production enterprises' capacity of technological capacity and combine the foreign investment policy with the industrial policy of auto industry.
SCIMA record nr: 159105
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