The Primary Strategic Task after CSR-CNR Combination Is Launching Chinese Standard
ANBOUND
Recently, CSR-CNR combination has become a common concern of the market. China needs large companies to achieve success worldwide. And China needs more international brands under the economic "New Normal". ANBOUND research team points out that only by relying on standards researched and developed by themselves can China's high-speed railway and motor car make breakthroughs within the restriction of European and American standards. Only in this way can China has enough voice when competing in international market. Thus, launching Chinese standard is the primary strategic task for “CRRC Corporation Limited” to go global.