MIIT emphasizes importance of improving logistics and EV research for automobile industry

Gasgoo.com (Shanghai May 10) - China's automobile industry should focus on improving logistical networks and continue electric vehicle research in order to maintain stable growth, the national Ministry of Industry and Information Technology (MIIT) wrote in a report issued yesterday.

The MIIT report pointed out the importance of establishing new industry standards and developing cutting-edge products to maintain the industry's profits and competitive advantage. Additionally, the MIIT emphasized the importance of technological advancements, the creation of new brands and manufacture of more environmentally friendly vehicles, among other points. The implementation of international standards in order to improve the industry's capability to compete on a global platform was also of great importance, the MIIT added.