China welcomes foreign investment in auto industry: spokesperson

A model presents a Borgward car at an auto show in Xi'an, capital of northwest China's Shaanxi Province, April 28, 2017. China welcomes foreign companies to make investment and tap into the opportunities in its automobile market, a trade official said on Jan. 10, 2019. The demand is huge for new energy vehicles (NEVs) and other automobile products in China as the market is entering a new phase that features diversified demand and quality-oriented purchases, Gao Feng, the spokesperson of the Ministry of Commerce, said at a press conference. (Xinhua/Shao Rui)