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Author: | |
Title: | A report on the development of auto market during the Ninth Five-Year plan period (original in Chinese) |
Journal: | Chinese Economic Information (c)
1996 : 9, p.13-14 |
Index terms: | CAR INDUSTRY MARKET RESEARCH CHINA |
Language: | chi |
Abstract: | During the Ninth Five-Year plan period, the average annual growth rate will be higher than 14.9% or so in the Eighth Five-Year Plan period. Calculating by a macro economic growth rate of 8-9%, predicted in the scheme of the Ninth Five-Year Plan, the demand for auto will generally keep an average growth rate of 14-15%. In terms of the classification of truck, bus and sedan, by the year 2000, the demand for trucks will reach 0.90 million or so units. Heavy-duty and light-duty trucks will be mainly produced. The demand for buses will near 0.60 million units. The demand for sedans will be 1.2-1.6 million units. |
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