BEIJING: China will carry out a “strategic” reorganisation of automakers owned by the central government and encourage them to improve competitiveness and market share, a senior official at the state assets regulator said on Saturday.
China will also promote the integration of the centrally owned automakers into the “global innovation network” and their overseas development, said Gou Ping, vice chairman of the state-owned Assets Supervision and Administration Commission, according to the national broadcaster CCTV.
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