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Witnessed by China’s Premier Li Peng and US Vice President Al Gore, Cheng Xianglin, Chairman and President of SAIC and John F. Smith, Chairman of Chief Executive Officer and President of GM, signed the contracts for new JVs in the Great Hall of the People, Beijing on March 25 of 1997. SAIC, the leading passenger car manufac-turer in China, and GM, the world’s largest au-tomotive manufacturer, entered into two joint ventures: one for the manufacturing, sales and
Witnessed by China’s Premier Li Peng and US Vice President Al Gore, Cheng Xianglin, Chairman and President of SAIC and John F. Smith, Chairman of Chief Executive Officer and President of GM, signed the contracts for new JVs in the Great Hall of the People , Beijing on March 25 of 1997. SAIC, the leading passenger car manufac-turer in China, and GM, the world’s largest au-tomotive manufacturer, entered into two joint ventures: one for the manufacturing, sales and