from today's Nikkei

2009年03月07日 09時53分23秒 | 新聞記事から
中国、主要産業で大型合併 政府主導、補助金も 鉄鋼 世界一視野に 自動車 トップ10狙う

A series of large M&As are expexted to take place in its major inustries in China.These are carried out as a part of the Chinese government-initiated bolstering of its key industries. Specifically,in the steel industry it intends to give birth to a big steel maker comparable to Arcelor Mittal,which is now the largest steelmaker in the world.In the automobile industry it wants to make a major vehicle maker get ranked within the top ten makers in the world in terms of annual production of the cars.For making key industries more competent in the global markets, the government is ready to give necessary subsidies to the companies merged in such ways.
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