Prof. Ouyang spoke of the problems and challenges China still faces, the key problem being a lack of advanced technology. The country still lacks core technology, he said, and thus has room to improve. Other issues: certain components must be imported from abroad, and the infrastructure to support electric cars is still undeveloped. Though the industry is lagging, Prof. Ouyang expressed optimism in Chinese companies' ability to make great strides in the future.President of InterChina Consulting and Member of CEIBS Board of Directors Jan Borgonjon then moderated the panel discussion and the audience question and answer session. Topics covered included green innovation, collaboration between green auto manufacturers and ordinary car makers, the outlook for the use of bio fuels, car software, and the innovation culture.
CEIBS Holds 10th Annual China Automotive Industry Forum 2012
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.