china\s car industry to reach parity with s korea
Last Updated : GMT 06:41:18
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China\'s car industry to reach parity with S. Korea

Arab Today, arab today

Arab Today, arab today China\'s car industry to reach parity with S. Korea

Seoul - Yonhap

China\'s rapidly growing automobile industry is expected to reach the same level of international competitiveness as South Korea by 2020, a local economic think tank said Wednesday. According to the report by Samsung Economic Research Institute (SERI), China has made considerable strides to improve its auto industry in the past few decades and should be able to compete effectively with South Korean carmakers in the coming years.

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