China Car Forums banner
1 - 12 of 12 Posts

·
Registered
Joined
·
547 Posts
Discussion Starter · #1 ·
China's automobile sales is expected to reach 6.8 million to 7 million this year, making up one-tenth of the world's total, analysts said.

The figure will climb to 10 million in the year 2010, and 20 million in 2020, overtaking the United States to become the world's top first-hand automobile market, according to a forecast of the State Information Center. The center predicted that more middle-income Chinese families can afford a car in the coming years thanks to rising income and falling car prices.

Since China joined the World Trade Organization five years ago, Chinese consumers' demand for sedans has been growing on an average of 37.5 % annually, the center said.

This year, the sale of sedans is estimated to hit 4 million, compared with 800,000 units in 2001. China's automobile sales stood at 3.24 million units in 2002, ranking the fourth in the world. The position rose to third in 2004.

China will overtake Japan this year to become the world's second largest automobile seller.

Source: Xinhuanet

-------------------------------------------------------------

China's auto sales will grow one million cars per year till year 2020 :thumb:
 

·
Registered
Joined
·
70 Posts
My personal view is that no country will ever displace the United States as the world's no.1 super economy or super power. Not in 30, 50 years or 100. It will not happen.
 

·
Registered
Joined
·
547 Posts
Discussion Starter · #3 ·
renyeo said:
My personal view is that no country will ever displace the United States as the world's no.1 super economy or super power. Not in 30, 50 years or 100. It will not happen.
If China can still keep this economy growth at this level (7-9%) it has been estimated that around year 2035 China will overtake the US economy. India will follow however and they might overtake China in 2050. This is of course just speculation but I'm sure that in the future we'll have a multipolarized world with major powers in the east and west.
 

·
Registered
Joined
·
101 Posts
renyeo said:
My personal view is that no country will ever displace the United States as the world's no.1 super economy or super power. Not in 30, 50 years or 100. It will not happen.
Sustained growth of "7-9%" is not probable, but China's sheer size makes it a contender to overtake the US in many ways. China has a population FOUR TIMES that of the US and "capitalism" has yet to hit many in the nation. Over the next 10-20 years, we'll see a number of statistics in China surpass those in the US.

Vehicle production in China is still behind a few countries and probably won't overtake Japan before 2010...and the US will still have the lead in 2020.
 

·
Registered
Joined
·
1,268 Posts
a requiem for fossil fuel engines

Raul said:
The figure will climb to 10 million in the year 2010, and 20 million in 2020, overtaking the United States to become the world's top first-hand automobile market,
I wish China well in her endeavor... but in the process of reaching that 20 million mark in 2020, the greatest contribution China could make to her own people, and the people of the world, would be to bury the fossil fuel engine.

I once loved its ability to throw me back against the seat, but its time to
move on....

The air will be cleaner and the world will be more peaceful without it.
 

Attachments

·
Registered
Joined
·
507 Posts
With an already polluted world and dwindling oil supplies (and sky-rocketing prices), I shudder at the thought of China selling more cars than the guzzling gas-hog nation of USA, with India right behind...

China must address this with technology. A good mix of electric, bio-diesel, and hydrogen can help, and small, light, and efficient cars should be strongly encouraged. While we're at it, the good ol US of A should do the same.
 

·
Registered
Joined
·
507 Posts
renyeo said:
My personal view is that no country will ever displace the United States as the world's no.1 super economy or super power. Not in 30, 50 years or 100. It will not happen.
China, due to its sheer number of people, will replace US as the #1 economy. But China will never replace US as the bigger super power, simply because China does not want to. Chinese people's historical tendency to keep things to themselves and not get into other people's business will continue.

Also, China will never catch up to the US in terms of personal income. That will never ever happen. To achieve that, China's economy has to be more than 4 times the size of the US, and that is simply impossible.

My prediction is that China will surpass US in overall economic size, and then run out of steam and grow at a slow pace, keeping personal income at about 1/4 to 1/3 of US income; look no further than other Asian economies such as Taiwan, HK, S Korea as indicators.
 

·
Registered
Joined
·
1,268 Posts
BringIt said:
......... While we're at it, the good ol US of A should do the same.
You're right. The US and Europe have been paying lip service to the need for alternative power sources for years. So long in fact that it's become a joke........while the Japanese, out of sheer need to survive its lack of resources, has shown some pro-action at least.

China on the other hand has the ability to do it differently and really make its mark while producing a more green (and civilized) global auto industry.
 

·
Registered
Joined
·
70 Posts
It is vital for civilization that the United States remains the world's undisputed leader in economic and military power. Only a 100% democratic with good human rights nation such as America could be good for the world. I dread about the day when a communist state is leading the world.

Let's pray for the American leaders.
 

·
Registered
Joined
·
547 Posts
Discussion Starter · #10 ·
renyeo said:
It is vital for civilization that the United States remains the world's undisputed leader in economic and military power. Only a 100% democratic with good human rights nation such as America could be good for the world. I dread about the day when a communist state is leading the world.

Let's pray for the American leaders.
Good human rights nation ? I'm tired of hearing news about violence in Iraq and Afghanistan. China has chosen a pieceful way of dialogue with third-world countries and as a result their trade is growing every year. Developing economy is a stabilizing force in many poor countries.
 

·
Registered
Joined
·
507 Posts
renyeo said:
It is vital for civilization that the United States remains the world's undisputed leader in economic and military power. Only a 100% democratic with good human rights nation such as America could be good for the world. I dread about the day when a communist state is leading the world.

Let's pray for the American leaders.
Gosh, stop watching Western propaganda already :nono:

The righteous Americans single handedly killed 3+ million Vietnamese people in the Vietnam war, that's more than 10% of their population back then.

Oh, that's so 70's? Well, a recent reports states that approximately 650,000 Iraqi lives are lost since the American invasion (an invasion against the wished of UN). I suspect by the time we are done, we would have killed more Iraqis than Saddam ever did.

And don't get me started on the imprisonment and torture of the "terrorists".

Yeah, 3 cheers for America!!!
 

·
Registered
Joined
·
1,268 Posts
renyeo said:
It is vital for civilization that the United States remains the world's undisputed leader in economic and military power. Only a 100% democratic with good human rights nation such as America could be good for the world. I dread about the day when a communist state is leading the world.

Let's pray for the American leaders.
Make no mistake Renyeo my criticism of inaction on the environment is strickly related to economics. As for politics, it will take 20 years for us to see clearly whether the lonely U.S. superpower responded to global terrorism appropriately or not.

Its a tough job but somebody's gotta do it.

and now back to the cars.......
 
1 - 12 of 12 Posts
Top