wenzhou, the government has prioritized high-tech development, providing support to companies like wm motortric cars. in 16 months, wm built a massive manufacturing facility that will be able to produce 200,000 electric cars a year. (music playing in commercial)cu >> we on the intelligent smart car.r. >> sullivan: and this is them? these are the cars? >> yes, this is actually thely anry e-stage car... >> sullivan: freemhen is the c.e.o. of wm motor. ♪ the china market for auto sales is now the biggest in the world. it's also where american car s companies makee of their biggest profits. but they're facing increasingom competition hinese companies, like wm. how does this represent sort of a changing china? >> oh, interesting. you know, when a country upgrading the whole industrial base, the best example wou be a, a vehicle, the car ry.u >> sullivan: car industry. >> yeah, car industry is the representative of the whole industry. >> sullivan: you're saying, like, the, the cars are the, the bellwether of how a country... >> exactly, exactly-- exactly.li >> sn: why, why do cars... >> because, y

. >> sullin: freeman shen is the c.e.o. of wm motor. ♪ the china market for auto salesn the biggest in's also where american car compies make some of their biggest profits. but they're facing increasing compition from chinese companies, like wm. how does this represent sort of a changing china? >> oh, interesting. you knowwhen a country upgrading the whole industrial base, the best example would be a, a vehicle, the car industry. >> sullivan: car industry. >> yeah, car industry is the representative of the whole industry. >> sullivan: you're saying, like, the, the cars are the, the bellwether of how a country... >> exactly, exactly-- exactly. >> sullivan: why, why s... >> because, you know, it's assembly of all kind of technology. it's equal software, mechanical, lighting.ot you'vecybersecurity's in there. >> sullivan: so you're saying that countries that can build a ca.. >> you've got all kind of industry very strong before you can build a strong car in thaty. coun >> sullivan: and if you can build a car, it means you are moving up the technology chain.y >> exaexactly. >> sullivan: yo