General Motors Reaffirms Fair Principles: Over 95% Localization of China Supply Chain
On February 11, General Motors issued a statement saying that it has always upheld the principles of fairness and non-discrimination, and does not exclude any supplier from consideration based on its nationality. When selecting suppliers, the company always takes core commercial factors such as total cost, service and technical capabilities, sustained and stable supply capacity, product quality and compliance with relevant applicable regulations as the primary considerations.

General Motors has long regarded China as a vital part of its global business strategy and plans to continue strengthening its business in the country. Through long-term close cooperation with local suppliers, the localization rate of its supply chain in China has exceeded 95%. The continuous efforts made by General Motors to drive the success of its China business will surely yield positive results, bringing tangible benefits to Chinese automotive consumers, suppliers, dealers, other partners, as well as their employees and the regions where they operate.