Best opportunity for Chinese Components Company 'step out'
December 19,2008
'Current world financial crisis greatly influenced the development of the real economy. Bankruptcy of the enterprise and the transfer of market shares provided a rare opportunity for Chinese enterprises 'step out.' Chenlin, vice-president of Foreign Economic Cooperation Department, said that.
And he explained the meaning of 'step out' in the speech of "China's foreign investment situation and development trend”. He said that 'step out' including powerful enterprises to carry out foreign investment and multinational operations, to make full use of international and domestic markets, optimize the allocation of resources, expand business development space.
Auto and Components Companies have great potential in foreign investment. In addition, a number of domestic policies support enterprises 'step out.'
'There's a good opportunity ahead of the auto industry at present. With the falling of consuming capacity, the importance to the brand will drop, but the importance of cost performance will increase. We must firmly grasp this opportunity.' Zhi Luxun said that.
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