Home / Business / Auto Tools: Save | Print | E-mail | Most Read | Comment
From a slow start, China's auto makers hit fast lane
Adjust font size:

Clean and green

With the combined efforts of China's state-owned vehicle powerhouses such as SAIC, Chery Automobile Co and privately owned Geely Automobile Holdings Ltd, Chinese-branded vehicles held more than 30 percent of the market at the end of last year.

In recent years, Chinese car makers have been pouring millions of investment into developing clean-energy vehicles, joining the world auto industry in facing the challenges of environmental protection.

In the global race to build alternative vehicles, a Chinese car maker has actually become a trend-setter rather than a follower.

BYD Co, a battery-firm-turned car maker, recently rolled out the world's first mass-produced hybrid electric vehicle that boasts advantages over models made by Toyota Motor and General Motors Corp.

The Chinese government aims to have 60,000 "new energy" vehicle rolling on the streets by 2012. It is also studying proposals to give subsidies to consumers who buy these green vehicles.

Key milestones in China's automotive industry over the three-decade-long reform campaign

May 1958

First Automotive Industry Corp rolled out the first Red Flag sedan for use by high-ranking Chinese officials.

June 1978

The late Chinese leader Deng Xiaoping made comments in a report that allowed joint ventures in the automotive industry.

March 1985

The nation's first car venture, Shanghai Volkswagen Automobile Co, was established under a partnership with Volkswagen AG.

1992

China's vehicle sales exceeded the 1-million milestone for the first time.

March 1997

Shanghai General Motors Co was established in China with US$1.52 billion in total investment.

October, 2000

Encouraging private citizens to buy vehicles was enshrined in the country's development blueprint for the first time.

December, 2001

China entered the World Trade Organization, paving the way for more imports of completed vehicles and spare parts with lower tariffs.

2002

China's vehicle sales exceeded 3 million units.

October, 2004

Shanghai Automotive Industry Corp paid US$500 million to take a 48.9-percent share in South Korea's Ssangyong Motor Corp.

SAIC Motor Corp and Nanjing Auto bought the intellectual property rights and assets of the bankrupt Rover Motor Corp as they were eager to develop their own models.

2007

China's vehicle sales totaled more than 8.7 million units.

2008

China's BYD Automobile Co launched the world's first mass-produced hybrid electric vehicle and gained an advantage over Toyota Motor and General Motors.

(Shanghai Daily December 25, 2008)

     1   2  


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- New chances for auto makers
- Auto makers increase profits but stall growth
- Auto makers see limited sales impact
- Foreign auto makers place high hopes on Beijing auto show
- Global auto makers report soaring Q1 China sales

Jan. 8-9, Beijing Construction Innovation Country Forum Annual Meeting
Jan. 14-16, Nanjing China Expo Forum for International Cooperation
Jan. 29 - Feb. 1, Switzerland World Economic Forum Annual Meeting

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 一级大黄美女免费播放| 亚洲欧美韩国日产综合在线| www.免费在线观看| 在线观看的网站| 中文字幕精品一区二区三区视频| 最新欧洲大片免费在线| 亚洲最大激情中文字幕| 精品久久久99大香线蕉| 国产AV人人夜夜澡人人爽麻豆| 黄网站欧美内射| 国产精品永久免费视频| 99久久国产综合精品swag| 好男人在线社区| 中文字幕第三页| 日本不卡免费新一区二区三区| 九九久久久久午夜精选| 欧美人与动性行为网站免费| 免费高清日本1在线观看| 老司机福利深夜亚洲入口| 美女被羞羞在线观看| 国产女人18毛片水真多18精品| 女人隐私秘视频黄www免费| 国产综合精品一区二区| heyzo小向美奈子在线| 宝贝乖女好紧好深好爽老师 | 极品新婚夜少妇真紧| 亚洲国产精品无码久久久| 欧美黑人xxxx性高清版| 伊人久久大香线蕉avapp下载 | 日本一区二区三| 久久久精品国产sm最大网站| 日韩中文字幕在线播放| 亚洲人成网站免费播放| 欧美人与动欧交视频| 亚洲国产成人久久精品app| 欧美性生交xxxxx丝袜| 亚洲精品乱码久久久久久按摩| 特级毛片全部免费播放| 人善交VIDE欧美| 爱情岛永久入口首页| 人妻少妇偷人精品视频|