Shanghai-based luxury car dealer China Yongda Automobiles Services plans to open and acquire more outlets in the country's less-developed regions amid a rapid urbanisation drive.
Vice-chairman Wang Zhigao said the company was placing its bet on growing demand for cars along with the quicker pace of urbanisation, a policy the new leadership hopes will stimulate domestic demand.
via Business feed http://www.scmp.com/business/china-business/article/1090849/luxury-car-firm-rolls-out-mainland-expansion-drive
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