Domestic brands long for inland equity
By Li Qian (Chinadaily.com.cn)Updated: 2007-01-16 16:09
During the three decades since China's opening up, a number of domestic enterprises have grown powerful, and some have even mastered advanced technologies to become industry leaders. And as the country becomes a "world factory", an increasing number of foreign brand products that are sold worldwide are being made in China.
Foreign products do not always satisfy in China. In a sample inspection conducted by the Zhejiang provincial industry and commercial authorities in March 2006, ten of the thirteen sampled world-famous brands, including HugoBoss and Burberry, were found to have quality problems, the Beijing Evening News reported.
People's Daily leading commentator Lin Zhibo told the Beijing Youth Daily nearly every government in the world leans towards national products in government purchases. Even more than ninety percent of official US stocks are domestic, let alone those of nations that were traditionally protective of national industries such as Japan, South Korea and India.
According to Chinese Ministry of Science and Technology office director Mei Yonghong, despite China's Governmental Purchase Law that encourages domestic product use, most of the country's official vehicles were foreign brand cars, an exception among other car-making countries that unanimously use domestic cars for government vehicles.
Enjoying the car's high performance and reasonable price, Rui Chenggang told chinadaily.com.cn he was planning to buy a new one and would always stick to Chinese self-developed cars in the future.
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