皇冠体育app

皇冠体育app's automakers calm about WTO entry
( 2001-09-06 10:33 ) (8 )

皇冠体育app's automakers, undaunted by the country's upcoming entry to the World Trade Organization (WTO), have moved to prepare themselves for the new challenges and opportunities.

Changchun, the capital of northeast 皇冠体育app's Jilin Province, known as the cradle of 皇冠体育app's auto industry, opened its auto market early this year to automakers based in other Chinese cities and provinces.

The move is described by analysts as "far-sighted and correct", as potential auto buyers here now have a wider choice.

"We must break local protectionism first, if we want to maintain sound development and open up further to the outside," said an advisor to the Changchun-based First Automobile Works (FAW) Group, 皇冠体育app's largest automaker.

On the other hand, automakers in 皇冠体育app are making efforts to upgrade their products, to compete in the international market.

During the recently concluded "Second Changchun International Auto Show", the Shanghai-based GM Automobile Company has exhibited three upgraded versions of the Buick, and many other domestic backbone automakers have put on display new products with improved cost-effectiveness.

International auto giants are also taking the opportunity to expand their market share. Germany's Volkswagen Group has announced a plan to manufacture new products in its joint ventures based in Changchun and Shanghai.

Today, more upgraded automobiles with state-of-the-art technologies, such as the Audi A6 and Passat B5, are being produced in 皇冠体育app.

"With the challenges and opportunities to be brought by the WTO, 皇冠体育app's auto industry, once a fledgling industry sheltered by high tariffs, will usher in a new age of technological upgrading and product development," said an executive of FAW.