China’s automobile industry is planning an overhaul as slowing sales at home spur a boost in vehicle exports, which are up 75 per cent so far this year, compared with last year.
China is hoping for a silver lining to the global financial crisis in the form of a chance to transform itself from a low-cost to a high-added-value economy.
Some car market analysts think the country finally could be on the brink of realising its ambition to become the car factory to the world.
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