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Ministry of Industry and Information Technology Steps Up Efforts to Address Intensifying Internal Competition in the Automotive Sector. Great Wall Motor's GM Zhao Yongpo: Firm Support, Citing Risks to
1 week ago /
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Author：小编
Recently, the Ministry of Industry and Information Technology (MIIT) announced that it will significantly enhance its efforts to address the intensifying "internal competition" within the automotive industry. Zhao Yongpo, General Manager of Great Wall Motor's Haval and Ora brands, has voiced his unwavering support for this initiative. He highlighted that, as the apex of the automotive supply chain, intensifying competition among full-vehicle manufacturers initially harms downstream suppliers and dealers, eventually impacting both manufacturers and consumers. Zhao emphasized that employing interest-free liabilities to counter this trend is futile, as it primarily jeopardizes the entire industry and its end-users.
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