2009 | OriginalPaper | Buchkapitel
Made in China: Joint Ventures and Domestic Newcomers
verfasst von : Hua Wang
Erschienen in: The Second Automobile Revolution
Verlag: Palgrave Macmillan UK
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China is currently the second automobile producing nation in the world, after Japan. It overtook the United States in 2008 as total car production reached 9.3 million units. Between 2000 and 2008, the passenger car sector in China expanded at a striking annual growth rate of 21.1 per cent. This phenomenal growth was undoubtedly linked to the constant economic development in China since the ‘opening-up’ policy implemented in the late 1970s. China’s average annual GDP growth rate between 1978 and 2008 was 15.3 per cent.