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The current situation and trend towards consolidation of China's car industry
摘    要:By now, the major transnational auto makers in the world have all entered China's car market by means of setting up joint ventures or performing technology transfers. These companies, in the light of their own global strategies, determine the development orientation of their joint or cooperative enterprises in China as well as the supply of vehicle types and parts procurement. Although it is regulated in The Industrial Policy for Auto Industry that the shares of foreign partners in car enterprises are not allowed to

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