Beijing 700R concept

Beijing Automotive launched the 700R Concept at the Auto China 2008. The concept features a a clean and attractive design with some interesting details.
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The 700R features on the front knifelike headlamps; stylized, outboard air intakes; and a teensy main grille slit come together to give the car a good face. Out back, a similar motif finishes the car off, and the result is very attractive overall.

Could this be the first real Chinese car?