Latest News:  


China FAW Group launches high-end car model H7


08:33, May 31, 2013

A model presents a Hongqi H7 car at the 2013 China (Tianjin) International Automobile Industry Exhibition in Tianjin, north China, April 27, 2013.(Xinhua/Zhai Jianlan)

BEIJING, March 30 (Xinhua) -- Chinese automaker FAW Group Thursday officially launched its Hongqi H7 sedans in a bid to gain a slice of the country's lucrative high-end passenger car market dominated by foreign brands.

The H7 model, which came out following FAW's efforts to revive the Hongqi, or Red Flag, brand, is the country's first self-developed high-end passenger car model.

FAW introduced five H7 models, which are available at prices ranging from 299,800 yuan (48,511 U.S. dollars) to 479,800 yuan (77,637 U.S. dollars).

"FAW developed and accumulated many self-developed technologies and this has made us determined to make the high-end Hongqi cars," said Li Jun, head of the technological center at FAW Group.

The first H7 car rolled off production line on July 15 last year.

Xu Jianyi, chairman of FAW Group, said the H7 cars will first enter the business-car sector and then be available to the mass market to compete with foreign brands like Audi and Mercedes-Benz.

FAW launched the "Hongqi Revival" project in 2008 and by last year, it had invested 5.2 billion yuan in the R&D of the new models. The company has pledged to invest further 10.5 billion yuan by 2015 to boost R&D and unveil more models.

Born in 1958 as China's prime protocol car, Hongqi has been used by national leaders at major celebrations, as well as to transport important foreign guests including U.S. president Richard Nixon during his ice-breaking visit to China in 1972.

But the glory of the brand was tarnished as FAW was ordered by the government to cease production in 1981 because of high fuel consumption and costs.

We Recommend:

Intelligent & beautiful Asian business women

19-year-old self-made multimillionaire

55th Housing Fair held in E China's Jiangsu

Top 10 instant noodles of all time

Eye-catching models highlight house fair

'Lipstick effect' hits China as economy slows

10 million-yuan bra shines in North China

Top 10 most competitive cities in China in 2013

Hot atmosphere at Int'l Brand Underwear Fair

Email|Print|Comments(Editor:ChenLidan、Gao Yinan)

Leave your comment0 comments

  1. Name


Selections for you

  1. China's naval fleet continues training

  2. Future Philippine military officers

  3. Polar bear Inuka moves into new home

  4. Kids in rural areas: Fewer toys, more joy

  5. Dance for forthcoming Children's Day

  6. Giant panda pair greeted in Taiyuan

  7. Wandering the Shuyuan Gate of Xi'an

  8. Animation studio opens doors

  9. Government debt 50% of China's GDP: IMF

  10. UnionPay quickens expansion of card business in Australia

Most Popular


  1. Japan, India eager to forge closer ties
  2. Abducted kids' return not always a happy ending
  3. Family pressure forces marriage with laowai
  4. Hot money behind rising yuan
  5. E.U. should learn from Switzerland and Germany
  6. Mutual trust essential for Sino-US relations
  7. Turning-on-red rule is dangerous for pedestrians
  8. Boy's graffiti signals lack of values at home
  9. Sino-Indian diplomatic miracle embarrasses Japan
  10. U.S. dollar could weaken most Asian currencies

What’s happening in China

Smoking a 'chronic disease'

  1. Psychopaths locked in by a law
  2. Man dies after attacked by dogs
  3. Student sues card firm over refunds
  4. 10 detained over illegal medical waste trade
  5. Volunteer moms comfort left-behind children