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Last updated at: (Beijing Time) Thursday, March 27, 2003
Chinese Vice-premier Meets BMW Chairman
Chinese Vice-Premier Wu Yi met Thursday with Helmut Panke, chairman of the Board of Management of Germany-based BMW AG.
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Chinese Vice-Premier
Wu Yi
met Thursday with Helmut Panke, chairman of the Board of Management of
Germany
-based BMW AG.
Wu praised the cooperation between BMW and Brilliance China Automotive Holdings Limited, based in Shenyang, capital of northeast China's
Liaoning
Province, where the two sides will soon establish a joint venture.
Wu said such cooperation will help the development of China's auto industry and the rejuvenation of China's old industrial areas.
Panke said it is a long-term strategy of BMW to develop business in China. He said he hoped more cooperation with China would follow.
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