BAIC plant moves to gear up Southeast Asian markets
By Du Xiaoying in Beijing and Li Yingqing in Kunming | China Daily | Updated: 2016-08-05 08:02
BAICGroup, one of the major Chinese automakers, is taking action to develop its South and Southeast Asian markets.
BAIC Yunnan Ruili Automotive Co Ltd signed an agreement for a strategic partnership last week with Kunming Yunnei Power Co Ltd, Chongqing International Composite Materials Co Ltd and Efort Intelligent Equipment Co Ltd.
Kunming Yunnei is a diesel engine producer, the Chongqing company is a leader in the research and development of vehicle-related new materials, while Efort is a robots manufacturer.
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