During a recent internal meeting, Chery, China's renowned
automaker, announced that the company would like to sell 480
thousand cars in 2008 and would launch 3 brand new types of
automobiles into the market.
In addition, the authorities have approved the company's plan of
building a state-level engineering lab. This future establishment
will be the only one of its kind in Chinese automobile industry.
Some insiders said that the lab would greatly sharpen the company's
competitive edge and is expected to have a huge influence on car
development.
For more details, please read the full story in Chinese. (
http://www.china-cbn.com/s/n/000004/20080121/000000088292.shtml)
(China.org.cn January 21, 2008)