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Gao Xiqing: China’s auto industry has long way to global markets

China’s automotive industry has a long way to go to enter global markets and gain respect from global consumers, according to Gao Xiqing, former general manager of China Investment Corp. (CIC) and professor at the School of Law, Tsinghua University. “Over 90 percent of companies in China’s manufacturing industry are

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LNG trucks blooming with enforcement of State-IV emissions standards

As State-IV emissions standards for diesel vehicles kick-in in more regions of China, the percentage of new diesel vehicles among all commercial vehicles sold has decreased to a historical low. In contrast, sales of LNG trucks, including road trucks, engineering vehicles, engineering machineries, and special-purpose vehicles, have steadily increased. Companies

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Review of China’s construction machinery industry

  SHANGHAI – China’s construction machinery manufacturers have been expanding overseas through mergers and acquisitions, according to Lv Ying, director of Information at the China Construction Machinery Association (CCMA). Lv made the comment at the 2nd China Construction Machinery Industry Development Forum in Shanghai on August 9-10 organized by cmchina360.com.

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