automotive industry

The production of China's automobile industry is rapidly increasing, and the export volume is also constantly growing, which has promoted the position of China's automobile industry in the world. However, compared to developed Western countries, China's automotive industry still faces problems such as a chaotic product structure, large but weak automobile production, the need to improve independent brands, and issues with energy conservation and emission reduction, which have affected the development of China's automotive industry.  

China's automobile production and sales rank first in the world, but its technology is still insufficient. In recent years, China's industry has developed rapidly, driving the development of China's automobile industry. According to statistics, since the 2008 global economic crisis, China's automobile production and sales have rapidly occupied the market, becoming the world's number one. Moreover, the overall automobile industry in China has shown a stable growth trend, with continuous improvement in production and sales throughout the year. By 2017, China's automobile production and sales had ranked first for nine consecutive years. According to statistics, in 2017, China's automobile production reached 29.015 million units, a year-on-year increase of 3.2%, and automobile sales reached 28.877 million units, a year-on-year increase of 3%. From this, it can be seen that China's automotive industry has a great advantage in the world.