|
BIZCHINA> Center
![]() |
|
Tackling auto boom issues
By Li Huayu (chinadaily.com.cn)
Updated: 2008-04-21 18:02
More than 2,000 exhibitors are bringing together 890 new models at the 2008 Beijing international auto show that will run from April 20 to 28. The dazzling exhibits showcase China's booming auto market of today. However, as the auto boom drives China into the modern era, it also creates air pollution, traffic jams, and energy crunch. "Something needs to be done to balance the industry's development and its social impacts," said Dr. Thomas Schiller, Managing Director for China of Arthur D. Little (ADL), a global management consulting firm. - The boom
China is now the world's third largest car producer only after the United States and Japan. According to Schiller, China's current car park (of passenger vehicles) was 20 million in 2007. Schiller expects the figure to reach 39 million in 2010, "considering new passenger vehicles sales in 2008-2010 is 6.1 million, 7.0 million, 7.9 million respectively." "No doubt the Chinese market has become one of the most important auto markets in the world and it will keep its position in the future," he added. "China will definitely become the largest car producer within 10 years." (For more biz stories, please visit Industries)
|
龙里县| 福建省| 夹江县| 阳山县| 娄底市| 岳西县| 固安县| 当雄县| 沂南县| 新乐市| 晋宁县| 建德市| 达日县| 武宁县| 元朗区| 绥宁县| 鄂托克旗| 崇信县| 濮阳市| 宜兰县| 新化县| 丰宁| 桓台县| 岚皋县| 勃利县| 岑溪市| 新绛县| 华容县| 澄城县| 鄂托克前旗| 宁蒗| 青阳县| 双牌县| 安塞县| 唐山市| 商河县| 潮安县| 拉孜县| 澳门| 红河县| 交口县|