According to news from Xinhua News Agency, Jia Xinguang, chief analyst of China Automotive Industry Consulting and Development Corporation pointed out that there are "re-assembly, light production, heavy production capacity, light development, heavy-duty trucks and light fittings, heavy-duty, light-related" in the current auto industry investment. The phenomenon of "delusional heat", which will result in the completion of several hundred billion yuan in investment, will result in a large-scale automobile assembly industry, rather than a competitive automobile industry. (Jia Xinguang)
Reassemble light production
According to news from Xinhua News Agency, Jia Xinguang, chief analyst of China Automotive Industry Consulting and Development Corporation pointed out that there are "re-assembly, light production, heavy production capacity, light development, heavy-duty trucks and light fittings, heavy-duty, light-related" in the current auto industry investment. The phenomenon of "delusional heat", which will result in the completion of several hundred billion yuan in investment, will result in a large-scale automobile assembly industry, rather than a competitive automobile industry. (Jia Xinguang)