Chen Bin, Chief Director, Industry Coordination Department, National Development and Reform Commission said:

Since 2011, the development of Chinese automotive industry has kept on a stable growth. This helps the structural readjustment Chinese automotive industry and vice versa. Both government authorities and auto manufacturers should realize that the boom of auto market will not occur again in a long period of time.
Indigenous brand products are homogeneous. The merge and acquisition can enlarge the production scale in the short time. But it is difficult to improve the core competitiveness by this way. The cross-industry merge and acquisition have the complementary advantages, such as the merge or acquisition between the information industry, raw materials industry, and equipment manufacturing industry.