In 2008, China national macro-economy continued to maintain a rapid growth impetus. A further raise of inhabitant’s income and price cut of passenger vehicles enthused consumption demand to a great extent. Influenced by the factor, the auto industry continued to keep the good momentum of development recorded in the previous year. The year of 2007 witnessed a new record high in both production and consumption of auto, with auto production and consumption reaching 8.88 million units and 8.79 million units respectively. Rapid development of China's auto industry has provided a broad space for auto parts industry. China's export of auto parts reached CNY14.5 billion in 2007.
Why is China the key market of the moment?
Because of the population (1.3 billion),
Rapidly growing middle class (=vehicle consumers) Estimated 200 million and would double the figures in the next coming years.
First consumer of resources and first destination of foreign investment.
Third vehicle manufacturer in the world and will surpass the US and Japan in the next 5 years.
Where should your company be?
If you are a car manufacturer, supplier or manufacturing executive then don’t miss the opportunity to meet the leading figures in this dynamic market.
With years of experience within the automotive manufacturing and engineering arena you will not find any other conference with the same level of seniority among delegates and speakers or the same quality of programme. Experience it live, Be part of China!
