Biz News Flash

New machinery for auto sector

(China Daily)
Updated: 2011-05-20 14:48

A fully automated tandem line developed by a Chinese machinery company was accredited by the central government on Wednesday. The byproduct of the development is expected to bite into the shares of foreign makers in the fight for market share in sectors such as the automotive.

Yu Chengting, honorary chairman of China Machine Tool Association and head of the appraisal panel, said the tandem line is able to draw 15 auto body panels a minute, representing the highest level of capability in the field at the domestic market.

China Daily-Agencies