NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Current Home > Business > Biz Headlines
China to become world's 3rd largest auto manufacturer
Latest Updated by 2006-10-24 11:03:55
Related News
New round of competition at Chinese auto market
Auto parts industry has high-speed growth
China's auto imports up sharply
Business News
China not to ease control of land use
How big will China's foreign exchange reserves get?
China to improve information transparency of listed companies

PricewaterhouseCoopers predicts that China will produce 5.4 million units of automobiles this year, overtaking Germany to become the world's third largest automobile manufacturer after the United States and Japan.

PricewaterhouseCoopers' forecast is based on an analysis of business development trends among the world's 37 major automobile producers, according to Monday's China Automotive News.

It also said that the world's total automobile output will surpass 70 million units in 2010, an increase of 15 percent on 2005.

It attributed fast growth in the world automobile industry to increasing demand for vehicles in China, Russia, India and Brazil.

More than 40 percent of the world's automobiles will be assembled in those four countries, said PricewaterhouseCoopers, which provides industry-focused assurance, tax and advisory services for public and private clients.

Editor: Yan

By: Source: China View website
Previous:  Private, public firms urged to raise innovation spending  Next:EU paper puts China at centre of world affairs


Guangdong press spokesperson training starts


Sudden rainstorm struck Huadu district of Guangzhou


Chen Family Ancestral Hall in Guangzhou


Guangdong's Luofu TCM Valley Opens


China defends men's team title at gymnastic worlds
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips