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In Depth Analysis Of Chinese Passenger Vehicle Market
The Chinese automotive market has divided in two with foreign brands from Germany, US, South Korea and Japan selling globalised high quality products. In contrast, the domestic Chinese manufacturers are predominantly low priced, older technology offerings. As the report explains, this two speed market has implications for the future market and with visiongain's ten year forecast there is in depth analysis of the Chinese market trends with comparisons made with the US and European markets.
China is the world's fourth largest country based on area with a total of 3,705,407 square miles (9,596,961 sq km) of land. According to World Bank data, as at 2011, the population of China is 1.344 billion. Because of its large area and population, China has several different subdivisions of its land. The country is divided into 23 provinces, five autonomous regions and four municipalities. In China an autonomous region is an area that has its own local government and is directly below the federal government. In addition, autonomous regions were created for the country's ethnic minority groups. This means that China is growing at different ...
... rates in different areas.
Even in the smaller so-called Tier 2 or Tier 3 cities beyond Shanghai, Guangzhou and Beijing, foreign brands are finding new customers with cheaper sub brands. China's growth has only begun as the battle for market in the west of China has only just started and it is at present twenty years behind the east coast of China.
In a market where some say there will be 1 billion possible consumers by 2020, there are large profits to be made as the centre of car manufacturing and retailing shifts from the developed economies eastwards to the developing markets. No car maker can afford not to be part of this market as without China there is no new growth and only replacement of existing vehicles to fight over.
How the Chinese Passenger Vehicle Market 2013-2023 report can benefit you
Visiongain's report is for anyone requiring analysis of the Chinese passenger vehicle market. You will discover market forecasts, technological trends, predictions and expert opinion providing you with independent analysis derived from our extensive primary and secondary research. Only by purchasing this report will you receive this critical business intelligence revealing where revenue growth is likely and where the lucrative potential market prospects are.
If you buy our report today your knowledge will stay one step ahead of your competitors. Discover how our report could benefit your research, analyses and strategic decisions, saving you time. To gain an understanding of how to tap into the potential of this market and keep one step ahead of the competition you must order now our report the Chinese Passenger Vehicle Market 2013-2023.
About Author Bio: I am working with a market research company which provides market research reports , company profiles, custom research, industry analysis, country reports , business reports, online databases and the report on Chinese Passenger Vehicle Market etc. Through our industry analysis you can identify opportunities, analyze the requirements of the customers and study the competition sector wise.
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