Changan Automobile's Zhu Huarong points out four major problems in China's automobile industry

Zhu Huarong, chairman of Changan Automobile, pointed out at the forum that China's automobile industry faces four major problems: too many brands and overcapacity; chaotic pricing, which has a tendency to spread overseas; overly exaggerated publicity, which leads to misleading; and some capital is not aimed at long-term and healthy development.