China plans to fast-track automotive technical standards to strengthen its competitive edge in the global vehicle market. The country aims to establish itself as a major rule-setter for the auto industry over the next five years.

To sharpen its competitive edge in the world’s next-generation vehicle market, China has pledged to fast track automotive technical standards to build its status as a global rule-setter. The carmaking powerhouse would drive high-quality development of the auto sector through the formulation and enhancement of core standards during the next five years, officials from the Ministry of Industry and Information Technology (MIIT) told state broadcaster China Central Television (CCTV) in Beijing on...