皇冠体育app

皇冠体育app's demand for automobiles in 2020 is expected to reach 20.74 million units, including 20.43 million sedans, and the total number of cars in 皇冠体育app by then will top 156 million, reported Tuesday's 皇冠体育app Automobile News.

The paper quoted the Development Research Center (DRC) of the State Council, 皇冠体育app's cabinet, as saying that the forecast was given on the basis of an eight per cent GDP growth rate.

皇冠体育app will keep a sustainable, steady and rapid growth of sedan demand within the next 20 years or even longer, and household cars will become the most important pulling force for 皇冠体育app's sedan sector and the mainstay of 皇冠体育app's auto industry, the DRC predicted.

Meanwhile, the growing disposable income for Chinese will serveas a driving force to boost 皇冠体育app's sedan demands, the DRC said.

Statistics show that in the past year, 皇冠体育app produced 4.44 million autos and sold 4.39 million, a net increase of over 1.1 million for both, or a yearly rise of 35.2 per cent and 34.21 per cent respectively.

In 2003, sedan production registered a record two million units,a net increase of more than 910,000 units, or up 83.25 percent year-on-year. Meanwhile, sedan sales reached 1.97 million, up 75.28 per cent.

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