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    China Car Production

    Last Time
    2024-01-31
    Previous Value
    2083000 (Units)
    Current Value
    1273000 (Units)
    Current release time
    2024-02-29
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    Related Finance
    Time Country Indicator
    Previous Estimate Actual Weight Details
    2024-04-25
    00:00

    Russia

    Industrial Production
    8.5%
    6.5%
    4%
    00:00

    Russia

    Corporate Profits
    RUB2.4T
    RUB7.0T
    RUB4.6T
    01:00

    US

    4.235%
    --
    4.659%
    05:00

    South Korea

    Business Confidence
    71
    71
    73
    07:00

    South Korea

    GDP Annual Growth Rate
    2.2%
    2.6%
    3.4%
    07:00

    South Korea

    GDP Growth Rate
    0.6%
    0.4%
    1.3%
    07:01

    UK

    Car Production
    14.6%
    12.0%
    -27.1%
    07:50

    Japan

    Foreign Stock Investment
    ¥1730.7B
    --
    ¥-492.4B
    07:50

    Japan

    Foreign Bond Investment
    ¥-1000.1B
    --
    ¥648.1B
    08:00

    Australia

    --
    --
    --
    About Car Production

    Automobile production in China refers to a series of activities involving the production, sale and service of automobiles and their ancillary products within the territory of China. Since the 1980s, China's auto industry has experienced rapid development and transformation. At present, China's automobile production has become one of the largest automobile production countries in the world, with an annual output of more than 30 million vehicles.


    The development history of China's automobile production can be divided into the following stages:


    The first stage: 1980s to early 1990s. This stage is the start-up period of China's automobile industry, mainly through the introduction of technology and joint ventures, the introduction of foreign advanced automobile manufacturing technology and management experience, and gradually established a number of automobile production enterprises.


    The second stage: 1990s to 2000s. This stage is the period of rapid development of China's auto industry, and the auto industry began to expand and mature rapidly. On the one hand, the demand in the domestic auto market continues to increase, becoming one of the largest auto consumer markets in the world; on the other hand, auto manufacturers have also made some progress in technological innovation and independent research and development, and have gradually formed their own brands and core technologies .


    The third stage: from the late 2000s to the present. This stage is the stage of further upgrading and transformation of China's auto industry. With the continuous development of the domestic economy and the adjustment of the industrial structure, China's auto industry has gradually transformed from quantitative expansion to quality improvement and technological innovation, and has begun to innovate and develop in the fields of new energy vehicles, smart vehicles, and shared vehicles.


    At present, some challenges and opportunities faced by China's automobile production mainly include the following aspects:


    One is industrial restructuring and upgrading. With the structural adjustment of the domestic economy and the saturation of the automobile market, China's automobile production needs to further adjust the industrial structure and gradually transform to high-end and intelligent.


    The second is technological innovation and independent research and development. China's automobile production needs to strengthen independent research and development and technological innovation, improve the core competitiveness of the automobile industry, and realize the leap from a manufacturing power to a manufacturing power.


    The third is environmental protection and the development of new energy vehicles. With the increasing awareness of global environmental protection and the strengthening of the Chinese government's environmental protection policies, China's automobile production needs to accelerate the development and popularization of new energy vehicles, and promote the transformation of the automobile industry to clean energy.

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