INTERNATIONALER MESSE- UND AUSSTELLERDIENST GMBH IMAG - Auslands Messen | Trade Fairs | Trade Shows | Termine
IMAG - Auslands Messen | Trade Fairs | Trade Shows | Termine MESSE MÜNCHEN INTERNATIONAL


China is a booming market for international investors


 

The automotive sector is one of the core industries in the Chinese economy. China surpassed the United States to become the world's largest automobile market in 2009. A record 18.1 million vehicles (+32,4 % compared to 2009) were sold in China in 2010. The China Association of Automobile Manufacturers expects a sales increase of 10 - 15 % for 2011. This would mean 20 to 21 million sold cars.

Especially sales of small and medium sized passenger cars are booming, due to a growing demand from the so-called second and third tier cities. And there is even more potential for the future as the average car density per thousand inhabitants in China is still a mere twelve units.
In the past few years the international supplier industry has positioned itself well in China as a result of being technology leaders. Similar components and parts produced by Chinese manufacturers are low priced but often show critical quality defects. Future business opportunities arise from increasingly strict environment and safety regulations in China.