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Chinese Premier: govt should support auto industry

George Gao From Gasgoo.com| December 29 , 2008 09:10 BJT

Shanghai, December 23 (Gasgoo.com) During his inspection tour of the southwestern city of Chongqing on Dec 21-22, Chinese premier Wen Jiabao expressed great concerns over the negative impacts of the global financial crisis on the city's automobile development and said the auto industry should be strongly supported by the government.

"Companies must not lay off workers easily," Wen said at a workshop of the city's carmaker Changan Group, which may cut more staff over the next four months after sales declined in November.

Chinese Premier: govt should support auto industry

 Wen Jiabao sitting in a car produced by the Chang'an Group

The company's car sales have been declining since November. It is expected to further decrease in December and the first quarter of next year, said the company's president Xu Liuping. "We must brave the difficulties by ourselves, but we also need government support," Xu said.

Wen said that difficulties in the country's automobile industry are temporary as it is a promising industry, and because "China has a huge market." "The automobile industry has a long industrial chain and it is an industry the government should strongly support," he said.

Wen urged the auto company to depend on innovation and reform while improving quality and decreasing the cost. "Company leaders must be bold to shoulder responsibilities and the staff should unite as one, to get over the difficulties together," he said.

Wen said it was a prime task to maintain stable and relatively fast economic development and take more direct, powerful and effective measures to implement central policies to meet domestic demands and promote growth in a substantial way.

"Next year, it is the most important target to stop the declining trend of economic growth," he said.

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