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Main Targets Of China Automotive Industry In 2008

04-12-2007

According to the reports from relevant bureau, China's automotive industry will achieve the following goals by 2008 with the best efforts.

A.The structural adjustment of corporations
Corporation groups with competitive world ability will come into being. The sales and after-sales-services systems of such companies, which reflect international standards, will be established. The corporations will hold more than 70 percent of the domestic market share and some of their products will be exported. Five to ten large auto spare-parts corporation groups with preliminary competitive world ability will also appear and the top three groups will hold 75 percent of the domestic market share. The corporations' spare-parts export value will account for 45 percent of the total sales value.

B.The adjustment of product structure
The purpose of the adjustment is to increase the number of vehicles, especially for the heavy and specialized vehicles with using diesel engines. The amount of diesel-loading vehicles and light-diesel passenger cars will also be boosted, and all mid-sized vehicles will be equipped with diesel engines. While the production of diesel cars and mini vehicles will be launched, the number of gas-fueled buses and taxis will also be increased. The number of diesel vehicles will climb to about 40 percent. Vehicles powered by substitute fuels will account for more than 4 percent of the total. The systematic and modularized ability of spare-parts and increase the number of high-tech spare parts with added value. The export volume of spare parts will also be increased.

C.The adjustment of technical structure
The performance and quality of automobiles and key spare parts will reach the level of similar products in the world. Product safety will be improved greatly. In non-diesel vehicles, electric, closed-loop fuel-supply systems will be popularized and three-level catalyzed transformation fittings will be introduced. Gas emissions in new vehicles will meet Euro III standards and some places will meet Euro IV. Vehicle-development centers will be set up. Six to eight national development centers for spare parts will be also be set up to meet the need of expanding whole-vehicle manufacturers.

 


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