Abstract Many representatives of the two car companies mentioned the creation of a fair self-owned brand and a competitive environment for foreign brands. According to the reporter, global auto companies are accelerating the pace of investing in China in order to avoid policy risks. A report from the Automotive Research Center at the University of Windsor, Canada: 2012
Many representatives of the two car companies mentioned the creation of a fair self-owned brand and a competitive environment for foreign brands. According to the reporter, global auto companies are accelerating the pace of investing in China in order to avoid policy risks. According to a report from the Automotive Research Center of the University of Windsor in Canada, in 2012, China absorbed more than US$9.3 billion of global vehicle companies, accounting for 59.6% of global investment. It is reported that although China has been one of the countries that attracted the most investment in the global automotive industry since 2002, it has been the most obvious in the past three years. According to the report, in the past three years, Chinese cars accounted for more than half of the total global vehicle investment.
The Automotive Research Center of the University of Windsor in Canada counts the investment quotas of 19 major automakers from 2009 to 2012. In 2009, the global vehicle investment amounted to 12.385 billion US dollars, of which investment in China reached 5.78 billion US dollars, accounting for 46.7%; in 2010, global vehicle investment was 16.585 billion US dollars, and investment in China was about 10.634 billion US dollars, accounting for 64.1%. . In 2011, the total investment of major automakers in the world reached a new high, about 23.393 billion US dollars; and by 2012, there was a year-on-year decline, close to the 2010 level. Despite this, in 2011, China still absorbed a total investment of 13.243 billion US dollars, accounting for 56.6% of the global vehicle investment.
According to statistics, from 2009 to 2012, China's vehicle investment capacity ranked first, totaling about 38.983 billion US dollars; the second is Brazil, attracting about 7.721 billion US dollars; the third is Mexico, attracting about 7.136 billion US dollars; Russia Ranked fourth, attracting about 2.729 billion US dollars. The car powerhouse ranks fifth in the United States, attracting only about $2.018 billion, which is less than 6% of the Chinese market.
Insiders pointed out that although multinational automakers are keen to invest in China, these wools are on the sheep. In addition to some new multinational auto companies entering the Chinese market, many of the investment comes from the profitability of multinational auto companies in China.
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