China's Auto Market in 1997

摘要

China’s auto market will develop steadily in 1997, with supply exceeding demand. The demand difference for different cars will be further diminished, witnessing further price rises. Richer sources of auto supply. It is predicted that auto output in 1997 will win a 6 percent increase on the basis of the output of 1.55 million autos in 1996, reaching 1.65 million. The import scale of autos will expand a little on the dropping basis of 1996, maintained at 100,000-120,000 autos from imports. Auto stor-