Jianghuai seeks technology linkup with VW

Anhui Jianghuai Automobile Co, one of the few remaining major Chinese automakers without a foreign joint-venture partner, said it is in talks to cooperate with Volkswagen AG as it seeks to gain more advanced technology.

The company, which counts the Anhui provincial government as a shareholder, is actively pursuing joint-venture tie-ups with foreign carmakers, Chairman An Jin said on Sunday in Beijing, where he was attending the annual session of the National People's Congress.

"We are communicating with VW in a friendly manner and with mutual respect," An said. "All leading multinational peers are role models we can learn from. If there is an opportunity, we are very open and active in cooperating with them on the capital front."