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China Auto Industry still Grows in 2009

2009-11-04    

At present, the industry of auto is undergoing a tough time, particularly in the US, and it is likely to continue for the next few years. However, China continues to represent the most positive side of the industry. China"s auto industry is encouraging with a compounded growth in excess of 20 percent despite a slowing global economy.


Chinese government releases investment package recently to step up China economy growth. The measures can stimulate Chinese buses & coaches industry effectively. In the year of 2009, it will be a tough time, but, it also a chance for China buses & coaches manufacturers to explore new markets.