Gasgoo.com (Shanghai March 14) - At yesterday's National People's Congress, GAC General Manager Zeng Qinghong said he felt that while Beijing's recent vehicle purchase restrictions won't significantly impact growth in China's automobile industry, implementation of similar policies throughout the country would be a large problem for the industry, the Beijing Times reported today.
Mr. Zeng (pictured) added that although Beijing is very important to the market, automobile manufacturers were still able to grow due to increasing sales nationwide in second and third tier cities. "The automobile industry is one of the key economic drivers behind the country, as long as the GDP increases, [it] will also increase," Mr. Zeng stated.
On the subject of how to resolve traffic congestion, Mr. Zeng advocated expanding the scope of public transportation. He negated fears that greater public translation may harm the industry, saying that instead it would contribute to higher automobile sales. He elaborated by saying that "normally when going outside one can take the subway, but when travelling to a further place or going out on the weekend one can take their own car."
