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Auto market growth potential is large, please believe that “spring” will come

“Golden September” pale “silver ten” uncertain. Automobile Association data show that from January to September car sales completed 18.371 million, down 10.3 percentage year on year, China’s automobile production and sales have declined for 14 consecutive months of year. On this occasion, some car companies into a performance decline, stop layoffs and other operating difficulties, very much like the norm in the industry.

A few days ago, a news conference on the State Council, National Bureau of Comprehensive Statistics Division, spokesman Maosheng Yong said that from the ownership point of view, China’s auto market there is room for growth and potential. In addition, this year from January to September total retail sales of social consumer goods grew by 8.2 percentage. Plus, part of the city after some policy adjustment, auto industry after a period of adjustment, and potential future space will be relatively large.

ownership (per capita ownership), said it once again become the basis for judging China’s automobile market is far from saturated, great potential.

Ministry of Public Security Traffic Management Bureau latest data show that car ownership in China has reached 250 million, second only to the United States. According to the 2019 world’s 20 major countries, thousands of car ownership data previously published by the World Bank, Chinese car ownership per thousand amount was 173, ranked 17th in the list.

can be seen from the list, the gap between the developed countries per capita car ownership in China is not only with Europe and other larger, but also less favorable impression of the level of development, Mexico, Malaysia is not high s country. Xu Changming, deputy director of the State Information Center has predicted that car ownership in our saturation point is thousands of 400-450, the final sales of China’s auto market will exceed 40 million.

current per capita car ownership is not in a high point, there is considerable room for growth, but factors capita car ownership is more complex.

Development and Reform Commission recently released macroeconomic situation shows that the actual growth of the national per capita disposable income of 6.1 percentage basic synchronization and economic growth, roughly synchronized with total retail sales of social consumer goods grew, with the exception of car sales growth is not Synchronize. In the Federation of the Secretary-General Choi Dong-tree view, a serious automobile market by squeezing the property market, market saturation is not high in the Midwest this year, the price trend is still relativelyStrong. From the latest property market dynamics point of view, this year is expected to refresh the record 2018 sales of 15 trillion creation, impact on the automobile market is self-evident.

Moreover, according to the Ministry of Public Security statistics, as of June this year, Chinese motorcycle population reached 90 million, and is concentrated in small cities and rural areas, for the automotive market also has some diversions. In addition, the complex economic situation, the international trade situation will certainly shaken consumer confidence degree.

industry experts said, the automobile market is facing shackles management environment. Senior automotive industry reporter, selected car network founder and editor tube Xuejun believe that China’s per capita car ownership is certainly not big enough, the relevant part of the future should continue its efforts to “meet the people’s growing material and cultural needs,” while demand for cars is one one. However, specific to the actual, to Beijing, the per capita ownership and ownership are not as Tokyo and other international cities, but higher than Tokyo to congestion, the relevant departments of management needs to be improved.

Choi Dong-tree also said that economic development to a certain extent, China’s per capita car ownership is completed can be reached at, or very close to the forefront of the national list. “Overall, in fact, China’s environmental carrying capacity, road resources is stronger than Europe, especially in Japan,” the current large gap between per capita car ownership, in his view, because China’s automobile Cape restricted human aspects. Some local governments in order to improve the efficiency of road traffic, directly limit the vehicle fleet, which in many cases is open to question, but in some areas the promotion of car consumption, parking is difficult to solve the common people, the car is not enough attention to the problem of higher costs for the industry but also with to a certain extent.

Fortunately, this year, the real estate industry continue to be treated different from the strict control, governments at all levels for the automotive industry has warm air blowing frequency policy.

January 29, the National Development and Reform Commission issued “to further optimize the supply promote embodiment consumption grew steadily promote the formation of a strong domestic market (2019),” focus on promoting auto consumption steady growth; August 27, the State Council Council issued “on accelerating the development of communication for commercial consumption,” and proposed 20 stable consumer expectations, policies and measures to boost consumer confidence, clearly pointed out to relax or abolish restriction; September 12, Guiyang started cancel car restriction “first shot”; October 16State Council executive meeting held to determine to continue to deepen the “release tube dress” reforms to create a more attractive business environment, in which the automotive industry has become an important position to attract foreign investment ……

can say, this year the automotive industry policy environment to be better than last year. As the National Bureau of Statistics, China’s per capita car ownership determines the auto market growth potential, in a series of favorable policies to stimulate, production scale is entirely possible to rise to a higher level, believe China’s auto industry in the spring will come.

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