在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語(yǔ)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: 久草电影网 | 欧美日韩亚洲国产综合 | 久久一道本 | 日日操视频 | 狠狠操夜夜操天天操 | 亚洲精品久久久久久国产精华液 | 欧美一区二区视频 | 国产福利91精品一区二区三区 | 狠狠干狠狠干 | 日韩在线观看中文字幕 | 91精品一区二区三区久久久久 | 亚洲一区日韩 | 久热九九 | 美国成人在线 | 亚洲第一区国产精品 | 国产在线观看一区二区三区 | 日本一区二区不卡视频 | www国产亚洲 | 中文字幕亚洲一区二区三区 | 一区二区视频网 | 中文二区| 国产成人精品一区二区 | 中文字幕免费在线观看视频 | 国产精品久久久久久亚洲调教 | 久久夫妻网 | 开操网| 七七婷婷婷婷精品国产 | 日韩一二三区在线观看 | a国产视频 | 久久久久久久久久久久久久av | 亚洲一区二区三区观看 | 色呦呦入口 | 欧美日韩精品久久久久 | 国产精品久久久久久久久久久新郎 | 超级黄色一级片 | 日韩中文字幕一区二区 | 亚洲欧美在线一区 | 成人亚洲视频 | 久久xxx| 久久888 | 欧美韩日精品 |