DEVELOPMENT OF CHINA'S AUTOMOTIVE MARKET
After China´s entry into WTO, China´s automobile industry is witnessing fast development-growing. As the customs tariffs are reduced from 70-80% to 43.85-50.7% in 2002, the sales volume of imported vehicles will reach 100-150 thousand, increasing by 5-6% of market share.
With the development of the automobile industry, in particular auto parts, auto-related products, maintenance and repair, car-care products and testing devices / systems will gain importance and push the auto parts industry to a remarkable progress.
With a few year's fast expansion in volume and full integration with the internationally advanced automotive technology and manufacturing capability, China has emerged as one power in the global automotive industry. Approching 2005, with all global automotive powers completing their strategic maneuvers in China, China will see a more open automotive market and consequently more fierce competition. The development includes worldwide launch of new models / concept cars, setting up international sourcing centers and R & D institutions, etc. China has become a marketplace where the global automotive powers have converged.
Auto Shanghai 2009 combines all benefits of a large-scale comprehensive trade fair which serves as an international platform for exhibitors and visitors. Auto Shanghai 2009, on the basis of the success of the past edition, its innovative concept and first-class will again converge all the automotive giants to lead the splendid future of the automotive industry. Auto Shanghai, as one of the two leading trade fairs for the automotive industry in China has received large numbers of exhibitors, visitors and media from all over the world ever since 1985.