Second and Third-Tier Markets are Strong Force for Sustained Development of China's Auto Market
China AutoMotive News
Xu Changming, director of the economic consultative center under the State Information Center, predicts that over the next 15 years, the domestic passenger vehicle market will maintain rapid growth and the annual growth rate of passenger vehicles is expected to be around 20%. He said that second and third-tier markets will be the new growth point on China's future auto market as well as important area of strength for continued development of the domestic auto market.
More
China AutoMotive News
Xu Changming, director of the economic consultative center under the State Information Center, predicts that over the next 15 years, the domestic passenger vehicle market will maintain rapid growth and the annual growth rate of passenger vehicles is expected to be around 20%. He said that second and third-tier markets will be the new growth point on China's future auto market as well as important area of strength for continued development of the domestic auto market.
More
posted by Auto Report World Editors at 3:23 AM 
<< Home