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If the trade deficit will show up in 2 – 3 consecutive quarters in 2004, then anticipation of the Renminbi appreciation on the market will evidently weaken and the cost and pressure from the adjustment of the exchange rate mechanism will decrease accordingly.

Stick to the principle of combining the fundamental function of allocating resources through the market with the macro adjustment and control by the government, create a fair-play and unified market environment and perfect a legalized management system for the automotive industry.

The main objective is to strive to basically establish the dominant status of public transport among urban transport systems in approximately 5 years.