Special Supplement: FAW Jiefang sees rapid development

Despite unprecedentedly serious market condition, FAW Jiefang Co Ltd saw a solid development last year.

The fact that market demand concentrated on heavy and middle-duty trucks in 2006 tested the speed of product lineup adjustment by domestic truck manufacturers. In addition, the implementation of the weight-based toll policy, and of the China-III emission standard in certain areas ahead of schedule challenged the research and development (R&D) level and technical strength of these corporations.

Moreover, a fierce price war broke out among the trucks with similar quality.