4 Quotes by Jia Xinguang

GM has a more diversified product portfolio in China. That helped to pump up sales even when market growth was slowing.

The industrial shutdown targets small automakers that can't maintain production or sustain market demand and who don't have enough research and development capability to support future development.

The industrial clean up will also help the government create a more efficient auto industry.

The change will mean the launch of more small cars in the coming years.