Chinese Regulators Demand Automakers Focus on Quality Over Technology, Launching Nationwide Auto Quality Inspection
Xin Guobin, Vice Minister of Industry and Information Technology, stated at a press conference in Beijing that regulators will intervene to standardize high-tech products used by car companies to drive sales. The nationwide quality inspection campaign for Chinese-made cars, announced this week, could lead some consumers to postpone their car purchases, according to dealers and analysts, thereby exacerbating the pessimistic outlook for China's automotive industry.
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