The pace of mergers between North and South cars is accelerating faster in June.

The pace of the merger of the North and South cars is gradually accelerating. On the 25th, the State Council executive meeting, the second issue heard the report on the reorganization of the CNR CSR, which took only a short period of less than three months. According to industry insiders, the merger of the North and South cars was completed in June this year. At the State Council executive meeting, Premier Li Keqiang requested that the state-owned enterprises should continue to strengthen the reform of state-owned enterprises, give full play to the role of market mechanisms, promote strong alliances, optimize resource allocation, improve corporate governance structure, promote core technological breakthroughs and business model innovation, and enhance The vitality of state-owned enterprises creates a new advantage for global competition. According to industry insiders, this obvious signal can indicate that the North-South car merger will continue to accelerate. The State-owned Assets Supervision and Administration Commission has interviewed all senior executives of the North-South car company. The personnel arrangement of the merged new company CRRC AG is likely to be open at the end of the month. The insiders of the State-owned Assets Supervision and Administration Commission said that the North-South car has always had a lot of vicious competition in the high-speed rail overseas, and we hope to change this situation through the merger of the North and South cars, better adapt to the competition in the overseas market, and truly realize the high-speed rail in China. Technology goes global. Experts from the State-owned Assets Supervision and Administration Commission said that the merger of the North and South vehicles is actually an important direction for the reform of state-owned enterprises in China.

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