Are Sino-Foreign Joint Venture Vehicles Considered Domestic Cars?
1 Answers
No, for vehicles produced by Sino-foreign joint venture automakers, whether they are considered domestic cars depends on whose design and brand they use. Below is an introduction to domestic cars: Definition of Domestic Cars: Domestic cars refer to vehicles designed, developed, and manufactured by Chinese people, possessing independent intellectual property rights and belonging to Chinese-owned brands, which are classified as independent brands. Domestic car brands include: Wuling, Hongqi, Changan, Great Wall, Chery, Geely, Roewe, BYD, etc. Hongqi: Hongqi is a premium automotive brand directly operated by China FAW. On January 8, 2018, China FAW announced the new Hongqi brand strategy, with the brand philosophy of "Chinese New Noble Refinement." On July 31, 2018, the 60th anniversary celebration of the Hongqi brand officially commenced. On October 23, 2018, Hongqi signed as the Diamond Partner of the 5th World Internet Conference. On January 29, 2019, FAW Hongqi formally established a strategic partnership with the Palace Museum. On March 26, 2019, the Hongqi brand collaborated with violinist Yuna Ishizuka to co-produce the original musical theater "True Love·Butterfly Lovers." On July 12, 2019, the first Hongqi Carnival was successfully held.