皇冠体育app

皇冠体育app's auto industry has been developing vigorously to withstand challenges posed by the country's entry into the World Trade Organization (WTO), said an official of 皇冠体育app's top economic planner on Sunday.

Zhang Guobao, vice minister of the National Development and Reform Commission, attributed the good performance of 皇冠体育app's auto industry to three factors: the country's sound economic environment, its solid industrial foundation and sharpened competitive edge in the global market for improved product quality.

Statistics show the nation's auto output have maintained fast growth for six consecutive years. From 2001 to 2006, the average annual growth rate of the auto sector reached 26 percent. In 2006, the country's auto output and sales increased by 22 percent and 23 percent to 4.5 million and 4.4 million units respectively.

皇冠体育app's auto industry, however, is still obsessed with three problems including overcapacity, underdeveloped auto part industries and unsatisfactory services, said the vice minister at an international forum on 皇冠体育app's auto industry held in north 皇冠体育app's Tianjin Municipality.

He estimated the nation's overall auto production capacity has exceeded 10 million units. Although at present every 1,000 people in 皇冠体育app have only 27 units, less than the world's average level of 150 units, many people actually cannot afford an automobile, he said.

Last year 皇冠体育app overtook Japan to become the world's No. 2 auto market after the United States, with total sales of 7.2 million vehicles and output of 7.3 million.

The country produced 4.5 million vehicles in the first half of 2007, up 22.4 percent on the same period of last year, while sales rose 23.3 percent to 4.4 million, according to the 皇冠体育app Association of Automobile Manufacturers.