三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

Vehicle market in China recovering from heavy coronavirus pandemic blow

By CAO YINGYING | China Daily | Updated: 2020-06-15 08:42
Share
Share - WeChat
An Ora, a new energy model from Great Wall Motors, attracts visitors at the Guangzhou auto show last year. [Photo by Cao Yingying/China Daily]

The world's automotive industry has endured a tough test during the coronavirus pandemic, but China has emerged from the sales decline in May, officials said at the China Auto Chongqing Summit on Saturday.

Wang Xia, chairman of the automotive industry committee of China Council for the Promotion of International Trade, said the pandemic has brought alarming damage to the auto industry across the globe.

Some global automakers had to reduce production, cut wages and jobs, and even withdraw from Chinese market.

Statistics show that China produced 7.79 million and sold 7.96 million vehicles in the first five months of 2020, down 24.1 and 22.6 percent year-on-year respectively.

More than 1,000 dealers applied for bankruptcy and some small car companies might not be able to recover from the outbreak.

Despite the heavy losses, China's car market has started revving up again, Wang said.

In May, sales increased 5.9 percent compared from April and 14.5 percent year-on-year.

"The long-lost double-digit growth showed that vehicle purchase demand is steadily releasing and the impact of the pandemic is ending," Wang said. Last month, vehicle exports declined 36 percent and the import of automobile components decreased 24 percent compared with same period last year.

And among the world's four largest auto markets-China, the United States, Germany and Japan, only China achieved a negative-to-positive reversal. Recovery in the overseas car markets will still take some time, Wang said.

The central government released a series of strategic measures for economic revitalization and the local governments have taken measures to boost car consumption, both of which are expected to mitigate the adverse effect of the pandemic.

Wang said that the deep impact of the pandemic on the auto industry should be understood.

The pandemic affects customers' requirements of the auto industry. In May, the premium vehicle sales increased more than 20 percent year-on-year, while the demand of vehicles under 80,000 yuan ($11,299) remained low.

"It shows people's pursuit of health, safety and quality of life," Wang said. "It can be argued that the pandemic pressed the conversion key of consumption upgrade and opened a new space of product quality and brand upgrade."

Chinese auto groups faced fiercer competition and sought opportunities to grow.

Xu Heyi, chairman of BAIC Group, said Chinese auto brands have comprehensive strength to compete with foreign brands in technology application, product quality and other aspects. The restructuring of the global auto industry has increased significantly and more resources will shift to China in the future.

He said that China is in the forefront of the global new energy transformation and equipped with the world's most mature new energy vehicle industry chain. With unique policy support, consumer groups with good acceptance of technologies and complete internet industry ecology, the country creates the optimal foundation for the development of intelligent network and autonomous driving.

Wu Song, deputy general manager of GAC Group, also believes that Chinese auto groups have opportunities to win in the intelligent new energy vehicle sector.

Chinese auto companies should promote product quality, strengthen brand building and promote independent innovation, Wu said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 青青草无限次破解版污 | 香蕉看片 | 在线精品日韩一区二区三区 | 日本在线国产 | 丁香六月欧美 | 热久久国产欧美一区二区精品 | 国产欧美日韩中文字幕 | 日本毛片在线观看 | 欧美黑人性猛交╳xx╳动态图 | 国产大尺度吃奶无遮无挡网 | 国产做受视频激情播放 | 1024国产手机视频基地 | 婷婷午夜激情 | 可以看的毛片 | 最近免费中文字幕大全免费版视频 | 在线观看国产精品一区 | 国产一级视频在线观看网站 | 一级日韩一级欧美 | 国产三级在线观看视频不卡 | 成人影片在线播放 | 在线日韩视频 | 日本一线一区二区三区免费视频 | 欧洲亚洲精品 | 黄网站在线观看永久免费 | 国产麻豆精品hdvideoss | 免费一级a毛片在线播放视 免费一级a毛片免费观看欧美大片 | 亚洲综合一 | 日本片网址 | 成人精品一级毛片 | 国产成人精品视频免费大全 | 欧美天天射| 九九精品视频在线观看九九 | 四虎永久免费地址ww 41.6 | 国内精品一区视频在线播放 | 国产免费叼嘿视频 | 国产亚洲精品aa在线观看 | 国产成人综合洲欧美在线 | 91久久国产精品 | 日本精品一区二区三区在线 | 亚洲视频手机在线 | 黄色成人一级片 |