Xi Calls for Boosting Auto Brands, Core Technologies
- President makes comments during visit to carmaker FAW Group
- China must hold core technologies in ‘own hands,’ Xi says
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President Xi Jinping said China should develop core technologies and boost national auto brands as the country tries to get its economy back on track following the coronavirus outbreak.
“The international car manufacturing industry is very competitive, with continuous development in digitization and automation, which is both a challenge and an opportunity for us,” Xi said during a visit Thursday to China FAW Group Co.’s research institute in Jilin province, according to the official Xinhua News Agency. “We must grasp the core and key technologies in our own hands. We must have this ambition, and boost our national car brands.”