Iranian President Visits China to Promote Sino-Iranian Auto Industry Cooperation

A member of the board of directors of Iran's Auto Parts Manufacturers Association said, "The president's visit to China may be the beginning of a new round of entity investment and technology transfer cooperation in the auto industry.

It is expected that in the negotiations between senior Iranian and Chinese officials, the way for Chinese automakers and parts manufacturers to participate in cooperation is first to make physical investment in Iran in order to deal with unfavorable factors such as sanctions.” He continued, “The society should change its attitude towards Chinese products. Mindset, China has leading technology in auto and parts manufacturing, producing more than 25 million vehicles a year, most of which are exported to the rest of the world. "