Chinese capitals still pour in automobile industry
ANBOUND
The Chinese capital is still entering the automobile industry for the following reasons: (1) Policy adjustments under the background of capital surplus, and speculations are not allowed in "money, stocks and housing" at the moment. (2) The automobile industry chain is long, and is directly related to consumption. A car is almost the only complex industrial product that has universal consumer demand. (3) The car is a consumer platform that integrates new technologies and therefore attracts financial capital's interest in investing in automobile-related industries.