Chinese car-makers at Shanghai Auto Show invest more in R&D

Global Business

Chinese cars have been criticized for s lack of original ideas and poor quality. Domestic car-makers are working to change that image by investing more in research and development (R&D) and technology upgrade through joint-ventures.
CCTV’s Lin Nan filed this report from Shanghai.

Chinese car-makers at Shanghai Auto Show invest more in R&D

Chinese car-makers at Shanghai Auto Show invest more in R&D

Chinese cars have been criticized for s lack of original ideas and poor quality. Domestic car-makers are working to change that image by investing more in research and development (R&D) and technology upgrade through joint-ventures. CCTV's Lin Nan filed this report from Shanghai.

Highlights:

  • Showcasing the latest and finest models, Chinese brands are trying to impress people with upgraded design levels. Independent brands from joint-venture automakers performed well in China in 2014, according to sale figures and positive user reviews.
  • Family cars with modest prices are the main targets for Chinese automakers. Some of the automakers are getting into the race car market.
  • The automakers are working with suppliers to develop new materials to make cars lighter, more fuel-efficient and eco-friendly as China is committed to encouraging the development of new energy vehicles.