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THE ACTUALITY AND DEVELOPING TENDENCY OF CHINA AUTO INDUSTRY


AsiaInfo Services
11-05-2001
The Actuality and Developing Tendency of China Auto Industry

CHINA, Nov 05, 2001 (AsiaPort via COMTEX) -- The People's Bank of China declares the analysis report of currency policy of the 3rd quarter of 2001 at present, which is written by the currency policy analysis group. The report has put up the analysis about the status and developing tendency of China auto industry.

1. The auto industry begins to possess a stated scope and the homemade low-grade vehicles are themain forces.

2. The main problems of the auto industry:

1). The market cultivation is laggard, which limits the increase of the auto expenses.

2). The developing ability of the manufacturers is weak, ...

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