Experts believe that China's auto market will remain the most bright spot in the world in 2009

Xu Changming, director of the Information Resource Department of the State Information Center and a senior economist, said recently in Nanning, Guangxi that despite the fact that the overall automobile market growth rate in China last year has dropped to the lowest level in 10 years, the situation is very serious, but in light of the situation of all parties, China in 2009 The auto market will remain the brightest spot in the world, and the entire market is expected to improve in the second half of the year.

Xu Changming made the above statement at the Guangxi Yuchai Group's 2009 Marketing Service Conference. Influenced by the central macro-control and the superposition of the international financial crisis, China's economic development rate has apparently declined last year, and the auto market has experienced a deeper decline. Since the second half of last year, it has reached a very serious stage. According to him, the export situation is more severe than domestic sales, and commercial vehicles and passenger vehicles have experienced negative growth year-on-year since last August.

Xu Changming analyzed that from the national policy level, a number of measures have been intensively introduced to ensure growth, including appropriate loose monetary policies; 4 trillion yuan will be invested by the end of 2010; VAT transition will be fully implemented in all regions and all industries in the country. The reform encourages technological transformation of enterprises and reduces the burden on enterprises by 120 billion yuan; adjustments are made to the export tax rebate policy; after the introduction of the fuel tax policy, the costs of road maintenance and other expenses are cancelled, the vehicle purchase tax is expected to be adjusted; and banks are encouraged to make credit, etc. Demand for cars is good.

In terms of other factors, the national road network construction plan will have a total length of 2.3 million kilometers by 2010, of which the expressway will reach 55,000 kilometers; in 2020, the total mileage of the road will reach 3 million kilometers, and the expressway will reach 8. 50,000 kilometers. Coupled with the fact that China is a country with a very uneven distribution of resources, the distribution of resources and the economic structure at this stage determine that the future transportation intensity is still high, and the auto market still has a rapid growth basis.

Xu Changming said that from the perspective of the economic environment, especially from the perspective of the central government implementing an active fiscal policy, the auto market in 2009 is worth looking forward to, and this year's auto market in China will still be the brightest spot in the world. From a time perspective, the first half of the year, especially the first quarter, will be the most difficult period, and the second half is expected to improve. The characteristics of the automobile industry, regional characteristics, user characteristics, and characteristics of the models will all have great changes, which will bring more opportunities for some powerful companies.

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