FEATURE: Loan problems inhibit growth of Chinese car market
Asian Economic News, June 11, 2001
This did not mean the government should force carmakers to cut prices, but the companies should be able to decide prices for themselves in a market-driven economy.
His call was echoed by Jia Xinguang from the China National Automobile Consulting and Development Corp., who suggested taxes should be lowered and all arbitrary fees on consumers removed to encourage car buying.
Li Anding, a senior auto analyst from Xinhua, said: ''Chinese families cannot be deprived of the right to enjoy modern mobility, and the government has a responsibility to help them realize their dreams.''
COPYRIGHT 2001 Kyodo News International, Inc.
COPYRIGHT 2001 Gale Group
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