China's auto sales have increased by nearly 40% since 2010

    Since 2010, China's domestic automobile sales have once again increased, with an increase of nearly 40% year-on-year. Although the Chinese auto market has made great contributions in expanding domestic demand, in the long run, the auto industry must also maintain rational and sustainable growth.

    According to a report from the China News Service on October 12, the latest authoritative statistics show that in the first eight months of 2010, China’s domestic automobile sales were nearly 12 million vehicles, an increase of more than 39% year-on-year. It is estimated that the scale of China's auto production and sales will reach 17 million in 2010.

    It has been learned from the China Association of Automobile Manufacturers that from 2000 to the present, the development of China's automobile industry can be described as being a “golden decade”. In 2009, China's auto sales totaled 13.64 million units, an increase of 46% year-on-year, making it the world's largest new car market. Since September 2010, the sales growth of China's auto market has increased again, and the rate of increase has once again approached 40%, ranking first in the world.

    At the first global auto forum held in Chengdu recently, the Fed economist Edward Polis Goth predicted that by 2020 China's auto production and sales will exceed 40 million, and by 2030 it will reach 75 million. Until 2040, China will continue to increase car ownership.

    Experts in the automotive industry also emphasized that while the Chinese auto market has made great contributions in expanding domestic demand, in the long run, the auto industry must also maintain rational and sustainable growth. The rapid growth of China's auto industry has also brought some problems. Energy shortages, traffic jams and environmental pollution have become the three major bottlenecks that constrain the sustainable growth of the auto industry. In particular, the energy pressure brought about by the development of automobiles has become increasingly apparent. According to the forecast of the Development Research Center of the State Council, by 2020, China's motor vehicles will consume 256 million tons of oil, accounting for 86% of China's oil consumption.

    Authoritative experts believe that in the current process of rapid urbanization, the Chinese automobile industry will face challenges and challenges such as safety, environmental protection, energy conservation, and traffic congestion. These need to rely on the trend, rely on scientific and technological innovation and strengthen management to solve the problem in the process.

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