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Foreign Investment
   
BIZCHINA / Auto Industry
Foreign Investment
Updated: 2006-04-21 13:53
In 2002, the automotive industry's output was 3.4774 million units -- an
increase of 38.5 percent over the previous year. From that figure,
loading vehicle, passenger car and Saloon output was 1.2453 million,
0.9171 million and 1.0624 million units respectively -- an increase of
35, 27.2 and 52.8 percent respectively over the previous year.
From January to November 2002, the total production value in the
automotive industry reached 624.929 billion yuan, climbing 32.87 percent
over the same period in 2001; sales value and profits amounted to 611.808
billion and 40.806 billion yuan respectively -- up 33.25 and 68.2 percent
over the same period in the previous year.
During January-May 2003, the output volume of the automotive industry was
1.7756 million units -- a hike of 32.1 percent over the previous year.
From that figure, loading vehicle, passenger car and Saloon output was
0.5078 million, 0.4323 million and 0.7242 million units respectively --
rising 0.9, 11.9 and 105 percent respectively over the same period in
2002.
During January-February 2003, the production value of the automotive
industry totaled 118.6 billion yuan calculated at the current value -- an
increase of 56 percent over the same period in 2002.
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