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Xinhuanet, Nanjing, November 4 (Reporter Deng Huaning Ling Junhui) At the 5th China Automobile Industry Development Summit held in Nanjing on the 4th, Zhang Xiaoyu, Chairman of the China Association of Automobile Engineering, said that the country’s total vehicle production this year will reach 7 million vehicles. Above, the output of SAIC, Dongfeng, and FAW Group will each exceed one million vehicles and have international competitiveness.
Zhang Xiaolu said that in 2005 China achieved a total vehicle export exceeding the total amount of imports. From January to September 2006, China's auto production was 5.28 million, which continued the trend in 2005 and showed several characteristics: the increase in automobile exports was greater than the increase in imports, and the annual export value was expected to exceed 20 billion U.S. dollars; the output of automobile manufacturers increased. 25%, while corporate profits increased by more than 50% during the same period, the annual industry profit is expected to exceed 70 billion; the growth rate of self-owned brands exceeds that of joint ventures, and the growth rate of independent brands reaches 40%-80%; the growth rate of small-displacement cars reaches 60% or so. . However, the production of cars only increased by 10%, which is not satisfactory.
It is worth mentioning that from January to September this year, China’s auto exports amounted to 16.9 billion U.S. dollars, and vehicle exports will increase substantially on the basis of 160,000 vehicles in 2005. It is estimated that the total vehicle exports will be around 250,000 vehicles this year. Zhang Xiaojun said that during the “Eleventh Five-Year Plan†period, the Chinese auto industry will take the adjustment structure as the main line, realize the adjustment of capital structure, build a multiple investment system, promote the adjustment of the organizational structure of the company with the main group line, increase the share of self-owned brand products, and increase The goal of independent innovation capability and the increase in market share of a million-unit group.
Zhang Xiaoyu predicts that in 2007 China's auto production is expected to exceed 8 million. From this year to 2010, the Chinese auto industry is expected to maintain a double-digit growth rate every year. By 2010, China's total automobile output will reach 8-10 million.